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Alithya Group ups revolver to C$140 million, extends to 2026
By Mary Katherine Stinson
Lexington, Ky., Dec. 22 – Alithya Group Inc. entered an amended and restated credit agreement with a lending syndicate led by the Bank of Nova Scotia as administrative agent, according to a press release.
Federation des Caisses Desjardins du Quebec, Bank of Montreal and the Toronto-Dominion Bank round out the syndicate.
The amendment upped the group’s existing revolving credit facility to C$140 million and its uncommitted accordion to C$50 million.
The company also extended the revolver to April 1, 2026, with the possibility to extend further in one-year increments.
Alithya is a Montreal-based digital strategy and technologies company.
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