Linamar renews C$1.18 billion revolving facility for four years

By Wendy Van Sickle

Columbus, Ohio, Nov. 22 – Linamar Corp. renewed its main bank facility for a four-year term ending in November 2026, according to a news release.

The C$1,175,000,000 revolver is under terms largely consistent with but more favorable than the company’s previous credit facilities, the company said.

The bank facility was led by Bank of Montreal, Toronto-Dominion Bank, Bank of Nova Scotia and National Bank of Canada.

Linamar is a diversified manufacturing company based in Guelph, Ont.

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