Mattr Announces Closing of Credit Facility Extension

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.

News Market Reaction – MTTRF

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In the Apr 6 session, MTTRF gained 1.59%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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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$300 million senior secured revolving facility until October 2030.

“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.

FAQ

What did Mattr (MTTRF) announce on April 2, 2026 about its credit facility?

Mattr announced a closing of an amendment that extends its US$300 million credit facility to October 2030. According to the company, the amendment was arranged by TD and National Bank with several lending banks to enhance liquidity and long-term flexibility.

How long is Mattr's (MTTRF) amended revolving facility effective through?

The amended revolving facility now matures in October 2030, extending the previous term. According to the company, this extended maturity is intended to provide stability and support strategic capital allocation over the coming years.

Who are the lenders on Mattr's (MTTRF) US$300 million facility amendment?

The amendment was co-led by The Toronto-Dominion Bank and National Bank, with RBC, JP Morgan Chase, EDC and ATB as lenders. According to the company, the syndicate broadens funding partners and adds financing resilience.

What does the credit facility extension mean for Mattr shareholders (MTTRF)?

The extension indicates stronger near-term liquidity and longer funding visibility for Mattr through 2030. According to the company, management expects the amended facility to support disciplined capital allocation and pursuit of value-accretive growth opportunities.