EDMONTON, AB, Dec. 30, 2024 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ.TO) a leader in Canadian automotive retail, today announced the successful closing of a second amendment to its credit facility with The Bank of Nova Scotia ("BNS") and other lenders. Key terms include lender approval to amend the definition of EBITDA to include add-backs of up to CAD $35 million for specific one-time expenses, including USD $20 million provisioned for Federal Trade Commission ("FTC") settlement expenses.
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