![AutoCanada closes CM credit facility (TSX:ACQ:CA) AutoCanada closes CM credit facility (TSX:ACQ:CA)](https://moneyban.com/wp-content/uploads/2024/10/og_image_1200-29b2bfe1a595477db6826bd2126c63ac2091efb7ec76347a8e7f81ba17e3de6c.png)
- AutoCanada (TSX:ACQ:CA) closed a second amendment to its credit facility with The Bank of Nova Scotia and other lenders.
- Key terms include lender approval to amend the definition of EBITDA to include add-backs of up to C$35M for specific one-time expenses, including $20M provisioned for Federal Trade Commission settlement expenses.
Source link