Husky Injection Molding Systems Ltd. completes debenture financing and line of credit
For release 2005-06-03
Bolton, Ontario — Husky Injection Molding Systems Ltd. (HKY: TSX) announced today that it has completed a private placement of senior unsecured debentures totaling US$138 million and a US$90 million committed, unsecured, revolving credit facility.
The combined credit facilities and cash flow from operations will be used to address the Company's liquidity requirements through fiscal 2008.
TD Securities Inc., acted as Lead Arranger and Book Manager for the credit facility and as Sole Placement Agent, together with TD Securities (USA) Inc., for the debenture financing.
A statement outlining the details of the debenture financing and credit facility was previously issued by the Company on June 2nd.
About Husky — Husky Injection Molding Systems (www.husky.ca) is a leading global supplier of injection molding equipment and services to the plastics industry. The company has more than 40 service and sales offices, supporting customers in over 100 countries. Husky's manufacturing facilities are located in Canada, the United States, Luxembourg and China.
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Husky Injection Molding Systems