Park Lawn Corporation

Park Lawn Corporation

June 18, 2012 15:37 ET

Park Lawn Corporation Announces Long Term Debt Refinancing

TORONTO, ONTARIO--(Marketwire - June 18, 2012) - Park Lawn Corporation ("Park Lawn") (TSX VENTURE:PLC) announced today that it has secured refinancing from the Bank of Nova Scotia to meet its corporate purposes. The loan restructures current debt of approximately $4 million with a term loan of $6 million for up to five years. In addition, the arrangement includes a revolving line of credit of $11 million for total lending credit of $17 million.

Park Lawn Corporation indirectly holds six cemeteries in the Greater Toronto Area, Services Memorables Harmonia Inc. based in Quebec City and an interest in Bloorpark Developments Inc. (

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Contact Information

  • Park Lawn Corporation
    Frank Mills
    Chief Executive Officer