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home / news releases / IAALF - IBC Advanced Alloys extends line of credit and term loan facility with BMO Harris Bank

IAALF - IBC Advanced Alloys extends line of credit and term loan facility with BMO Harris Bank

IBC Advanced Alloys Corp.
IBC Advanced Alloys (IAALF) secures renewals of its existing line of credit and its term loan facility with BMO Harris Bank The renewals extend the line of credit and term loan facility until September 30, 2021.Ãbout $3.5M is available under the line of credit at an interest rate of Prime + 2.25%, and the term loan has a maximum of ~$1.2M at an interest rate of 6.5%.Press Release

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IBC Advanced Alloys extends line of credit and term loan facility with BMO Harris Bank
Stock Information
Company Name: IBC Advanced Alloys Corp.
Stock Symbol: IAALF
Market: OTC
Website: ibcadvancedalloys.com
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