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| Aecon announces closing of new credit facility Aecon Group, Canada's largest publicly traded construction and infrastructure development company, announced that it has signed a new three and a half-year $300 million credit facility. The new $300 million facility, which expires May 31, 2014, replaces Aecon's previous $100 million facility that was due to expire in June 2011. When combined with the new $75 million domestic and US$15 million international Letter of Credit facilities provided by Export Development Canada in November 2010 to cover performance security guarantees, the new facility brings Aecon's total credit availability to $390 million. write your comments about the article :: © 2010 Construction News :: home page |