09:55 AM EST - Stuart Olson Inc. : Has negotiated improved terms and an extension of its revolving credit facility. The Revolver now consists of a $150-million credit facility syndicated by six lenders from the existing facility and a $25-million operating facility provided by HSBC Bank of Canada. The combination of these two facilities maintains a maximum available borrowing capacity for the Company of $175 million, and the syndicated portion of the facility continues to include a $75-million accordion feature. The maturity date of the Revolver has been extended to July 16, 2021. Stuart Olson Inc.
shares T.SOX are trading up $0.06 at $6.60.
