Mattr extends maturity of $300 million revolver through April 2028

By Wendy Van Sickle

Columbus, Ohio, April 22 – Mattr Corp. closed on an extension through April 2028 of its $300 million senior secured revolving credit facility, according to a press release.

Toronto-Dominion Bank and National Bank Financial Markets are the co-lead arrangers and joint bookrunners.

“This new revolving facility combined with our recently executed bond placement and strong cash position gives Mattr the financial flexibility and balance sheet certainty to further accelerate the profitable growth of our businesses,” said Tom Holloway, Mattr’s senior vice president, finance and chief financial officer, in the release.

Toronto-based Mattr is a Canadian materials technology company. It was formerly known as Shawcor Ltd.

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