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News Breaks
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November 5, 2009
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| 07:39 EDT |  | IMAX |
| theflyonthewall.com: | IMAX enters into $75M credit agreement, increases borrowing capacity | | IMAX Corp. announced that it has entered into a commitment letter with Wachovia Capital Finance Corporation pursuant to which Wachovia, with the participation of Export Development Canada, has committed to provide a four-year senior secured $75 million credit facility. Upon execution of definitive documents, the credit facility will consist of revolving loans of up to $40 million and a term loan of $35 million. Once completed, the Company intends to use the new facility to finance its future growth and working capital requirements. The proposed credit facility matures on October 31, 2013 and will replace the Company's previous $40 million credit facility which was to mature in October of 2010. :theflyonthewall.com |
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February 7, 2012
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| 09:13 EDT |  | IMAX |
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February 6, 2012
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| 08:23 EDT |  | IMAX |
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January 30, 2012
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| 07:33 EDT |  | IMAX |
| theflyonthewall.com: | IMAX expands relationship with SPI in India with four-theatre deal | | IMAX and SPI Cinemas Private Ltd. announced an agreement to install four digital IMAX theatre systems in new SPI Cinemas complexes across India. The deal brings the total number of commercial IMAX theatres open or contracted to open in India to 13. :theflyonthewall.com |
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