FirstService (FSV) Increases Credit Facility to $1.75B

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Go back to FirstService (FSV) Increases Credit Facility to $1.75B

FirstService Increases Credit Facility to US$1.75 Billion

February 26, 2025 12:45 PM EST

TORONTO, Feb. 26, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) (FirstService) announced today that it has expanded and extended its unsecured revolving credit facility (the Credit Facility) for a new five-year term maturing in February 2030, replacing the prior facility which was set to expire in February 2027. Under the amended Credit Facility, borrowing capacity has been increased to US$1.75 billion up from the previous US$1.25 billion and, at any time during the term, FirstService also has the right to increase the Credit Facility by up to an... More