TransForce Announces New Credit Facility
Montreal, July 13, 2010 ––TransForce Inc. (TSX: TFI-T), the leader in the Canadian
transportation and logistics industry, today announced that it has reached an agreement in principle
with a syndicate of 15 lenders, led by National Bank of Canada as Administrative Agent and Sole
Bookrunner and Royal Bank of Canada as Syndication Agent, for a new $650-million credit facility.
The credit facility comprises a C$200-million five-year term loan and a C$450-million revolving line
of credit with an initial term of three years that can be extended by two one-year terms, subject to
Final documentation for the agreement is expected to be completed very shortly.
TransForce intends to use the credit facility for corporate purposes consistent with its established strategy.