Bri-chem closes extension on its senior banking facility

Edmonton, alberta--(newsfile corp. - october 9, 2024) - bri-chem corp. (tsx: bry) (otcqb: bryff) ("bri-chem" or "company"), a leading north american oilfield chemical distribution and blending company, is pleased to announce that it has entered into an agreement with the canadian imperial bank of commerce ("cibc") to renew its senior credit facilities ("abl facility") with a borrowing base of $37.5 million. the abl facility is now committed until april 30, 2026.
BRY Ratings Summary
BRY Quant Ranking