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FirstService Expands Credit Facility to Bolster Growth

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FirstService Expands Credit Facility to Bolster Growth

An update from FirstService ( (TSE:FSV) ) is now available.

FirstService Corporation announced an expansion and extension of its unsecured revolving credit facility to US$1.75 billion, maturing in February 2030. This move, supported by a syndicate of 11 banks, enhances the company’s financial flexibility, allowing it to fund future growth initiatives and maintain a strong investment-grade balance sheet.

More about FirstService

FirstService Corporation operates in the property services industry, providing a range of services including property management and real estate services. The company focuses on delivering quality service and maintaining strong relationships with its clients across North America.

YTD Price Performance: -1.06%

Average Trading Volume: 114,195

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.04B

For a thorough assessment of FSV stock, go to TipRanks’ Stock Analysis page.

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