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ACCFF / Valeo Pharma secures $5M credit facility agreement with Accord Financial

Valeo Pharma Inc. (TSX:VPH, OTCQB:VPHIF) told investors it has entered into a $5 million credit facility with Accord Financial (TSX:ACD) which it said provides it with additional financial liquidity and increased flexibility to support its long-term growth strategy. The pharmaceutical company noted that the credit facility is secured by a first-rank lien on its short-term assets, and bears interest at the Scotiabank (TSX:BNS)'s prime rate plus an applicable margin. Read More

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Posted: Sep 27 2023, 08:33

Author Name: Proactive Investors

ACCFF News

By Proactive Investors
September 27, 2023

Valeo Pharma secures $5M credit facility agreement with Accord Financial

Valeo Pharma Inc. (TSX:VPH, OTCQB:VPHIF) told investors it has entered into a $5 million credit facility with Accord Financial (TSX:ACD) which it said

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