FP Trading Desk submits: IMAX Corp. (IMAX) shares got a boost Tuesday morning after the company announced two new financing arrangements to help fund its digital projection roll-out slated for this summer.
Wachovia Capital Finance Corporation has agreed to extend the term of IMAX current credit facility to October 31, 2010, and also remove an EBITDA maintenance covenant provided IMAX maintains certain minimum liquidity requirements.
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