03:51 PM EST - Integrated Asset Management Corp. : announced today that Tembec has entered into a $30-million loan facility with Integrated Private Debt Corp., the private debt division of Integrated Asset Management. The funds will be utilized to fund a portion of the previously announced $190 million capital project to upgrade the Company's specialty cellulose manufacturing facility in Temiscaming, Quebec. When combined with the $75 million of project financing previously announced on March 16, the Company has now attained its objective of raising $105 million of project financing. Integrated Asset Management Corp.
shares T.IAM are trading unchanged at $0.59.
