East Side Games Group Repays Royal Bank of Canada Debt in Full

Bitget2026/10/15 21:46

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East Side Games Group has fully repaid its Royal Bank of Canada credit facility, replacing it with new non-dilutive financing.
National Bank facilities comprise a C$ 3 million revolving line and up to C$ 3.5 million in tax-credit-backed term loans.
The revolving line bears interest at prime plus 1%; tax-credit-backed term loans carry prime plus 1.25%, maturing upon receipt of tax credits.
Export Development Canada provided a US$ 4 million term loan as part of the replacement financing.
At closing, approximately C$ 3.2 million was drawn under the new facilities, with approximately C$ 6.4 million remaining available across combined facilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. East Side Games Group Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610151745CANADANWCANADAPR_C6176) on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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East Side Games Group Repays Royal Bank of Canada Debt in Full

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