Mattr Announces Closing of Credit Facility Extension
Mattr (OTC:MTTRF) closed an amendment extending its US$300 million senior secured revolving credit facility to October 2030, arranged by TD and National Bank with multiple lenders.
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Rhea-AI Summary
Mattr (OTC:MTTRF) closed an amendment extending its US$300 million senior secured revolving credit facility to October 2030, arranged by TD and National Bank with multiple lenders. The company said the extension strengthens the balance sheet, provides long-term financial flexibility, and supports disciplined capital allocation and growth.
Management highlighted extended maturity and ample liquidity to pursue value-accretive opportunities amid market uncertainties.
Positive
- US$300 million senior secured revolving facility extended
- Maturity extended to October 2030, lengthening funding runway
- Co-led by major banks, broad lender group increases financing stability
Negative
- None.
Details
News Market Reaction – MTTRF
On Apr 6, the first trading day after this news, MTTRF closed 1.59% above the previous close.
Data tracked by StockTitan Argus for the Apr 6 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TORONTO, April 02, 2026 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced that it has successfully closed on an amendment to its credit facility with The Toronto-Dominion Bank and National Bank of Canada as co-lead arrangers and Royal Bank of Canada, JP Morgan Chase Bank, Export Development Canada and ATB Financial as lenders to extend the US
“The extension of our credit facility further strengthens our balance sheet and provides us with additional long‑term financial flexibility despite market uncertainties,” said Tom Holloway, Mattr’s SVP Finance and CFO. “With this extended maturity and ample liquidity, we are well positioned to continue executing our strategy, support disciplined capital allocation, and pursue value‑accretive growth opportunities over the years ahead.”
About Mattr
Mattr is a growth-oriented, global materials technology company serving critical infrastructure markets, including electrification, transportation, mining, energy, communication, and water management. Its two business segments, Connection Technologies and Composite Technologies, enable responsible renewal and enhancement of critical infrastructure.
For further information, please contact:
Meghan MacEachern
VP, Investor Relations & External Communications
Telephone: 437.341.1848
Email: meghan.maceachern@mattr.com
Website: www.mattr.com
Source: Mattr Corp.
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