Perma-Pipe Hikes on Credit Facility
Perma-Pipe (PPIH) closed a new global credit facility with J.P. Morgan, totaling $89 million. The facility includes a $75 million revolving credit line and a $14 million term loan, with an additional $50 million in incremental capacity. This replaces multiple existing facilities, providing enhanced liquidity and financial flexibility for the company's operations and expansion.



