Taiga Building Products Ltd. has entered into a new $250 million senior secured revolving credit facility with a syndicate of lenders led by the Bank of Montreal and including Scotiabank, Bank of America, TD Bank and CIBC.
The facility will mature on December 20, 2027 and is secured by a first perfected security interest in all real and personal property of the Company and certain of its subsidiaries.
Taiga Building Products Ltd. is the largest independent wholesale distributor of building products in Canada. Taiga distributes building products in Canada, the United States and overseas.