NOA - North American Construction Group' borrowing capacity increases to $325M

North American Construction Group (NOA) secures expanded credit facility increasing its borrowing capacity to $325M, with a maturity date extended to Oct. 8, 2023. Now  liquidity is expected to remain well above $100M for the duration of the agreement with syndicate led by National Bank of Canada."This low-cost facility provides the liquidity and term needed for our business as we look to finish strong in 2020 and prepare for the opportunities in 2021 and beyond," says CFO Jason Veenstra.

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North American Construction Group' borrowing capacity increases to $325M