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AutoCanada Secures Credit Facility Amendment
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AutoCanada Secures Credit Facility Amendment

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AutoCanada (TSE:ACQ) has released an update.

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AutoCanada, a leader in Canadian automotive retail, has successfully amended its credit facility with The Bank of Nova Scotia and other lenders to include a CAD $35 million add-back for one-time expenses. This move is part of the company’s financial strategy to manage specific costs, including a USD $20 million provision for FTC settlement expenses.

For further insights into TSE:ACQ stock, check out TipRanks’ Stock Analysis page.

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