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Wireless

TeraGo announces extension to credit deal with two local banks

Tuesday 22 June 2021 | 17:31 CET | News
TeraGo amended its agreement with Royal Bank of Canada and the Toronto-Dominion Bank to extend its credit agreement dated 30 June 2020 for an extra year, to 30 June 2023. As part of the amending agreement, TeraGo Networks will make a lump sum principal repayment to its term facility, which will reduce its borrowings under such facility to CAD 22.5 million on 30 June 2021. 

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Categories: Mobile & Wireless
Companies: TeraGo
Countries: Canada
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