Flow Beverage Corp. secures up to $20 million from Senior Secured Debt Facility

January 3, 2023

On January 3, 2023, Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow”), a premium water company, announced that it has entered into a 36-month senior secured term loan (the “Loan”) with NFS Leasing Canada Ltd. (“NFS”) of up to CAD$20.3 million.

NFS is a privately-held North American leader in equipment financing and providing secured loans to small and middle market non-investment grade companies in the U.S. and Canada.

Miller Thomson advised NFS Leasing Canada Ltd. with a team led by Kenneth Rosenstein and comprised of Shawn Parekh, Victor Cornea, Cindy Kim (Financial Services Toronto) and Nadim Elkommos and Luc-Antoine Manneh (Financial Services Montreal).