Dominion Lending Centres Inc. Amends and Extends Credit Facility
Dominion Lending Centres Inc. Amends and Extends Credit Facility
The Junior Credit Facility provides the Corporation with a $4.2 million term loan. The Junior Credit Facility is secured by a first charge over all of the Corporation's "non-core business assets" and a junior security interest over the Corporation's "core business assets" (subject to certain security-sharing rights of the Preferred Shareholders). Interest on the Junior Credit Facility is based on the prime borrowing rate plus an additional amount determined based on the Corporation's total leverage. On closing of the Junior Credit Facility, the interest rate is anticipated to be prime plus 75 bps.VANCOUVER, British Columbia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Dominion Lending Centres Inc. (TSX:DLCG) ("DLCG" or the "Corporation") is pleased to announce that it has amended and extended its credit facilities with The Toronto-Dominion Bank effective December 19, 2023. The maturity date for the credit facilities has been extended from December 22, 2024 to December 19, 2026.
不列颠哥伦比亚省温哥华，2023年12月19日（GLOBE NEWSWIRE）——道明贷款中心公司（多伦多证券交易所股票代码：DLCG）（“DLCG” 或 “公司”）欣然宣布，它已修改并延长了与多伦多道明银行的信贷额度，自2023年12月19日起生效。信贷额度的到期日已从2024年12月22日延长至2026年12月19日。
The amended credit facilities are comprised of two senior credit facilities (collectively, the "Senior Credit Facilities") and a junior term credit facility (the "Junior Credit Facility").
修订后的信贷额度包括两个优先信贷额度（统称为 “优先信贷额度”）和一项初级信贷额度（“初级信贷额度”）。
The Senior Credit Facilities provide the Corporation with a $15 million revolving credit line and a term facility used to pay out the existing senior facilities (the term facility has $36 million drawn at closing). Interest on the Senior Credit Facilities is based on the prime borrowing rate plus an additional amount determined based on the Corporation's total leverage. On closing of the Senior Credit Facilities, the interest rate is anticipated to be equal to the prime borrowing rate.
高级信贷额度为公司提供1500万美元的循环信贷额度和用于支付现有高级贷款的定期贷款（该定期信贷额度在结算时提取了3,600万美元）。优先信贷额度的利息基于优惠借款利率加上根据公司的总杠杆率确定的额外金额。优先信贷额度关闭后，利率预计将等于最优惠借款利率。
The Junior Credit Facility provides the Corporation with a $4.2 million term loan. The Junior Credit Facility is secured by a first charge over all of the Corporation's "non-core business assets" and a junior security interest over the Corporation's "core business assets" (subject to certain security-sharing rights of the Preferred Shareholders). Interest on the Junior Credit Facility is based on the prime borrowing rate plus an additional amount determined based on the Corporation's total leverage. On closing of the Junior Credit Facility, the interest rate is anticipated to be prime plus 75 bps.
初级信贷额度为公司提供了420万澳元的定期贷款。初级信贷额度由公司所有 “非核心业务资产” 的首次抵押和公司 “核心业务资产” 的次级担保权益作为担保（受优先股股东的某些证券共享权限制）。初级信贷额度的利息基于优惠借款利率加上根据公司的总杠杆率确定的额外金额。初级信贷额度结束后，预计利率将为优惠利率加75个基点。
About Dominion Lending Centres Inc.
关于 Dominion 贷款中心公司
Dominion Lending Centres Inc. is Canada's leading network of mortgage professionals. DLCG operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., and has operations across Canada. DLCG extensive network includes over 8,000 agents and over 520 locations. Headquartered in British Columbia, DLC was founded in 2006 by Gary Mauris and Chris Kayat.
Dominion贷款中心公司是加拿大领先的抵押贷款专业人士网络。DLCG通过Dominion Lending Centres Inc.及其三家主要子公司加拿大MCC抵押贷款中心有限公司、马萨诸塞州抵押贷款建筑师公司和牛顿连接系统公司开展业务，业务遍及加拿大各地。DLCG 广泛的网络包括 8,000 多名代理和超过 520 个地点。DLC 总部位于不列颠哥伦比亚省，由 Gary Mauris 和 Chris Kayat 于 2006 年创立。
DLCG can be found on Twitter, Facebook and Instagram and LinkedIn @DLCGmortgage and on the web at .
DLCG 可以在推特、脸书和 Instagram 以及 LinkedIn @DLCGmortgage 和网址上找到。
Contact information for the Corporation is as follows:
公司的联系信息如下：
| Eddy Cocciollo President 647-403-7320 eddy@dlc.ca |
James Bell EVP, Corporate and Chief Legal Officer 403-560-0821 jbell@dlcg.ca |
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| Eddy Cocciollo 主席 647-403-7320 eddy@dlc.ca |
詹姆斯·贝尔 执行副总裁、公司和首席法务官 403-560-0821 jbell@dlcg.ca |
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