PR Newswire

The newsfeed available here is provided by our content partner PR Newswire. This is one of the most important and widest-reaching press services, providing news, press releases and multimedia content to the media, journalists and the public.
The NewsWire Hub ("X-Billboard") currently comprises four of the most important international news sources and is supplemented by a stock market information service. The individual newswire services complement each other and provide a complementary range of information, more than three quarters of the official news sources on which editors worldwide base their stock market reporting. Your advantage: You will find everything here in one overview. You can navigate to the individual sections using the control elements. In the terminal view, you can carry out individual searches at company level.
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PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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CA00927V2003
State: 23.04.2025 | 5AM
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FIGI: BBG000DHFBX0
BOS
AirBoss of America Corp.
GICS: - · Sector: Industrial Products & Services · Sub-Sector: -
NAME
AirBoss of America Corp.
ISIN
CA00927V2003
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BOS
MIC
XTSX
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BOS.TO
BLOOMBERG
BOS CN
Tue, 10.12.2024       AirBoss of America Corp.
CA00927V2003

Liquidity to Drive Future Growth

WESTPORT, Conn., Dec. 10, 2024 /PRNewswire/ -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $55 million senior secured term loan facility with AirBoss of America Corp. ("AirBoss"), the second largest rubber solutions and custom compounding company in North America. AirBoss (TSX: BOS) (OTCQX: ABSSF) is a publicly traded company on the Toronto Stock Exchange.

The Great Rock Capital term loan, together with the revolving credit facility agented by The Toronto-Dominion Bank, will refinance the company's existing debt. The new term loan facility will leverage the value of their fixed assets to maximize liquidity.

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Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.

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