Tantalus Systems amends Fifth Third credit facility to US$20 million
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- Tantalus entered an amended credit facility with Fifth Third Bank, replacing Comerica as lender.
- Aggregate commitments increased to up to USD 20 million, including a USD 12 million revolving credit facility.
- Facility adds a USD 3.5 million term loan, intended in part to repay the existing Export Development Canada term loan.
- Revolver maturity extended to June 30, 2029; letters of credit facility set to mature June 30, 2027.
- Obligations secured by a first-priority lien on assets through applicable subsidiaries.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tantalus Systems Holding Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202606300700NEWSFILECNPR____20260630_303403_1) on June 30, 2026, and is solely responsible for the information contained therein.