Has entered into a US$3.5-Million Working Capital & a US$10.0 Million Letter of Credit Facility (the Facility) with the Canadian Imperial Bank of Commerce (CIBC) and the Export Development Canada (EDC). The Facility will enhance Polaris' liquidity as it continues to work towards growing its current footprint in Latin America and the Caribbean. CIBC has been the lead Banker for Polaris in Canada since 2015, while the EDC has also supported the Company in the past with similar facilities. Polaris Renewable Energy Inc. shares T.PIF are trading up $0.02 at $13.75.
Stocks in play: Polaris Renewable Energy Inc.
/An%20image%20of%20a%20Tesla%20humanoid%20robot%20in%20front%20of%20the%20company%20logo%20Around%20the%20World%20Photos%20via%20Shutterstock.jpg)
/Facebook%20like%20button%20on%20keyboard%20by%20athree23%20via%20Pixabay.jpg)
/A%20SoFi%20logo%20on%20an%20office%20building%20by%20Tada%20Images%20via%20Shutterstock.jpg)
