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BRIEF-Distinct Infrastructure announces debt refinancing

Published 2017-03-30, 01:39 p/m
© Reuters.  BRIEF-Distinct Infrastructure announces debt refinancing
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March 30 (Reuters) - Distinct Infrastructure Group Inc DUG.V

* Distinct Infrastructure announces debt refinancing

* Distinct Infrastructure says working with Royal Bank Of Canada, its existing senior lender, to consolidate all of its debt under one facility

* Distinct Infrastructure Group Inc - company will complete refinancing effective may 26, 2017

* Distinct Infrastructure Group- by restructuring its debt, co anticipates reducing its effective interest rate from approximately 10% to just under 4%

* Distinct Infrastructure Group - as part of proce as part of debt refinancing process, to exercise option under crown capital debt facility to repay debt early Source text for Eikon: ID:nCNWtQsRca Further company coverage: DUG.V

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