Alithya Group (TSE:ALYA) has released an update.
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Alithya Group Inc. has entered into a revised credit agreement with The Bank of Nova Scotia and other financial institutions, with detailed terms regarding repayments, interest rates, and loan facilities. This agreement outlines the obligations of all parties, including mandatory and optional loan repayments, interest and fee structures, and provisions for the issuance and renewal of letters of credit. The amended and restated agreement is set to strengthen Alithya’s financial position and provide flexibility for future operations.
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