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Park Lawn Corporation Announces Long Term Debt Refinancing |
June 19, 2012
TORONTO, ONTARIO--(Marketwire - June 18, 2012) - Park Lawn Corporation ("Park Lawn") (TSX VENTURE:PLC) announced today that it has secured refinancing from the Bank of Nova Scotia to meet its corporate purposes. The loan restructures current debt of approximately $4 million with a term loan of $6 million for up to five years. In addition, the arrangement includes a revolving line of credit of $11 million for total lending credit of $17 million.
http://www.marketwire.com/mw/release.do?id=1670642&sourceType=3
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