Rush Truck Centres of Canada Increases Loan Commitment to $171.7 Million CAD

Reuters

Jun 19

Rush Truck Centres of Canada Increases Loan Commitment to $171.7 Million CAD

Rush Truck Centres of Canada Limited (RTC-Canada), a subsidiary of Rush Enterprises Inc., has entered into a significant financial agreement with the Bank of Montreal. Effective June 13, 2025, RTC-Canada, along with its parent company Rush Enterprises as guarantor, executed the Third Amendment to the Amended and Restated BMO Wholesale Financing and Security Agreement. This amendment increases RTC-Canada's total loan commitment from $116.7 million CAD to $171.7 million CAD, providing a substantial boost to their financial capacity. This development marks a notable step in reinforcing RTC-Canada's growth and operational capabilities in the Canadian market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rush Enterprises Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-020786), on June 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Effective June 13, 2025, RTC-Canada, along with its parent company <a href=\"https://laohu8.com/S/RUSHB\">Rush Enterprises</a> as guarantor, executed the Third Amendment to the Amended and Restated BMO Wholesale Financing and Security Agreement. This amendment increases RTC-Canada's total loan commitment from $116.7 million CAD to $171.7 million CAD, providing a substantial boost to their financial capacity. This development marks a notable step in reinforcing RTC-Canada's growth and operational capabilities in the Canadian market.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Effective June 13, 2025, RTC-Canada, along with its parent company <a href=\"https://laohu8.com/S/RUSHB\">Rush Enterprises</a> as guarantor, executed the Third Amendment to the Amended and Restated BMO Wholesale Financing and Security Agreement. This amendment increases RTC-Canada's total loan commitment from $116.7 million CAD to $171.7 million CAD, providing a substantial boost to their financial capacity. This development marks a notable step in reinforcing RTC-Canada's growth and operational capabilities in the Canadian market.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rush Enterprises Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-020786), on June 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RUSHA","symbol_name":"Rush Enterprises","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250618:nNDL6WD4nq:1","article_id":"2544318899","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544318899","pubTimestamp":1750278760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Rush Truck Centres of Canada Limited , a subsidiary of Rush Enterprises Inc., has entered into a significant financial agreement with the Bank of Montreal. 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Rush Enterprises Inc. published the original co","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RUSHA":"Rush Enterprises","BK4104":"贸易公司与经销商"},"translate_title":"加拿大Rush卡车中心将贷款承诺增加至1.717亿加元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RUSHA":0.9},"content_text":"Rush Truck Centres of Canada Increases Loan Commitment to $171.7 Million CAD\n    \n\n        Rush Truck Centres of Canada Limited (RTC-Canada), a subsidiary of Rush Enterprises Inc., has entered into a significant financial agreement with the Bank of Montreal. Effective June 13, 2025, RTC-Canada, along with its parent company Rush Enterprises as guarantor, executed the Third Amendment to the Amended and Restated BMO Wholesale Financing and Security Agreement. This amendment increases RTC-Canada's total loan commitment from $116.7 million CAD to $171.7 million CAD, providing a substantial boost to their financial capacity. 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