Loblaw Gets New Credit Facility

Loblaw Cos. has closed on a new credit facility worth $800 million, the retailer here said.

TORONTO — Loblaw Cos. has closed on a new credit facility worth $800 million, the retailer here said. The five-year facility, provided by a syndicate of banks, replaces an existing $500 million committed credit facility, Loblaw added. Loblaw operates more than 1,000 corporate and franchised stores across Canada.

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