"Combined with existing cash balance and cash flow from operations, this Facility provides significant financial flexibility to execute our growth strategy. As we look to grow steadily in key geographical markets and expand our value-added offerings, we remain focused on maintaining our financial discipline, operational efficiency and optimize capital allocation to maximize shareholder returns," said Benoît Crowe, Vice-President, Finance of Supremex.
The 5-year senior secured revolving facility has no scheduled principal repayments prior to maturity and the facility contains customary representations, warranties and covenants.
Supremex Inc. is Canada's largest manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and speciality products.
