Cadre Canadian units secure amended CDN$20 million revolving credit line with PNC Canada
CDRE•Amended Canadian revolving credit line
Cadre Holdings’ Canadian subsidiaries closed an amended, restated revolving line of credit with PNC Bank Canada Branch on July 23, 2026.
The facility provides up to CAD 20 million, including up to CAD 6 million for letters of credit, and has a maturity date of Dec. 20, 2029.
Borrowings can be made in U.S. dollars or Canadian dollars. Pricing is tied to SOFR or CORRA, with margins ranging from 0.5% to 2.5%.
The agreement replaces a prior Canadian loan agreement signed Oct. 14, 2021, and Safariland guarantees the facility.
