Le Chateau pushes out C$70 million revolver, C$15 million term loan

By Wendy Van Sickle

Columbus, Ohio, April 1 – Le Chateau Inc. extended its C$70 million asset-based senior credit facility and its C$15 million asset-based subordinated term loan until Dec. 31, 2020, according to a news release.

The interest rates, constraints and covenants remain the same.

The availability of loans under each credit agreement is subject to a borrowing base.

Based in Montreal, Le Chateau is a fashion retailer.

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