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Perma-Pipe closes J.P. Morgan global credit facility up to $139 million - PPIH News | Rallies

Perma-Pipe closes J.P. Morgan global credit facility up to $139 million

PPIH•2026-08-27

Perma-Pipe closes global credit facility with J.P. Morgan

Perma-Pipe closed a global credit facility with J.P. Morgan for up to $139 million.

$75 million revolving credit facility
$14 million term loan facility
$50 million incremental capacity

The facility replaces existing credit facilities across multiple jurisdictions, centralizing financing for global operations.

The credit line targets higher liquidity for working capital, letters of credit, strategic investments, and expansion.

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