GuestLogix Inc. announced the successful closing of a credit agreement, whereby the Lenders have agreed to provide the company with a non-revolving credit facility of up to a maximum principal amount of CAD 9 million subject to the terms and conditions of the agreement. The agreement provides that the credit facility will bear interest at a rate of 12% per annum calculated and payable monthly in arrears and will mature 27 months from closing.
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2018 | Guestlogix Unveils Future of Connected Travel with On-Demand Travel Services and Experiences | CI |
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