Article: United States: Integrated Asset Management Corp. announces USD 30 million Financing for Canlan Ice Sports Corp.

Byline: shiv03

Integrated Asset Management Corp. and its private corporate debt group, Integrated Private Debt Corp. announced the closing of a USD 30 million financing for Canlan Ice Sports Corp. The financing is a senior secured note with a 10 year term. Proceeds of the fixed rate loan will be used to refinance USD 30 million of Canlans total USD 50 million credit facility.

Canlan, headquartered in Burnaby, B.C., is one of the largest private sector operators of recreational ice sports facilities in North America, with 63 playing surfaces at 21 facilities. IPD manages and provides funding from the USD 1.0 billion Integrated Private Debt Fund LPs on ...

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