Baylin Technologies Announces Amendments to its Credit Facilities TORONTO , Sept. 15, 2022 |CNW| - Baylin Technologies Inc. (TSX: BYL ) (the " Company ") is pleased to announce that it has agreed with its principal lenders, Royal Bank of Canada and HSBC Bank Canada, to amend the Credit Agreement dated March 29, 2019 , as amended (the " Credit Agreement "), to extend the maturity date of the revolving and term credit facilities from September 30, 2022 , to September 29, 2023 . The amendments also include a quarterly minimum EBITDA covenant for the 12-month period ending on the relevant quarter and a revised minimum Liquidity covenant (each as defined in the Credit Agreement). The Company is also pleased to announce that its Vietnamese subsidiary, Galtronics Vietnam Dai Dong Company Limited (" GTD "), has agreed with its lender, HSBC Bank ( Vietnam ) Ltd., to various amendments to its credit facility agreement, including an extension of … Full story available on Benzinga.com