The ATB credit facility is a C$5,000,000 margined, demand operating loan facility.
- The ATB credit facility is a C$5,000,000 margined, demand operating loan facility.
- This facility is available to pay out in full all indebtedness and liability owing to another financial institution, and thereafter, for the general corporate purposes of the Company.
- As part of the amendment, ATB is providing an additional C$5,000,000 via an accordion, subject to lender consent.
- Through mCloud's AI-powered AssetCare platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers.