Boyd Group Services Inc. Amends Revolving Credit Facilities

Core Viewpoint - Boyd Group Services Inc. has amended its credit facilities to enhance financial flexibility and support the acquisition of Joe Hudson's Collision Center, increasing its revolving credit facilities to US$675 million with a potential maximum of US$1.075 billion [1][3] Group 1: Credit Facilities - The amended credit facilities include an increase in revolving credit to US$675 million, with an accordion feature allowing for a maximum of US$1.075 billion [1] - The existing US$125 million Term Loan A, maturing in March 2027, remains unchanged [1] Group 2: Acquisition Financing - The company plans to partially utilize the amended credit facilities along with proceeds from recent common share and senior unsecured notes offerings to finance the acquisition [3] - The acquisition is progressing through customary closing conditions and regulatory requirements [3] Group 3: Company Overview - Boyd Group Services Inc. is a Canadian corporation that controls The Boyd Group Inc. and its subsidiaries, trading on the TSX under BYD and NYSE under BGSI [4] - The Boyd Group Inc. operates one of the largest networks of non-franchised collision repair centers in North America, with locations in Canada and the U.S. under various trade names [5]