Conifex Announces Completion of Refinancing of Power Project

Oct 30, 2018

VANCOUVER, British Columbia, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (TSX: CFF) announced today that its wholly-owned subsidiary Conifex Power Limited Partnership completed a $70 million secured term loan (the "Loan") with a syndicate of private lenders to refinance its existing loan. The Loan has a 15-year term, is secured by substantially all of the power segment assets and bears interest at a rate of 6.10% per annum.

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