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Enter Symbol
or Name
USA
CA



Integrated Asset Management Corp
Symbol IAM
Shares Issued 27,724,127
Close 2018-11-21 C$ 1.85
Market Cap C$ 51,289,635
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Integrated Asset closes $18.9M loan to Flying Colours

2018-11-22 09:04 ET - News Release

Mr. Jeffrey Deacon reports

INTEGRATED ASSET MANAGEMENT CORP. AND IAM PRIVATE DEBT ANNOUNCE GROWTH FINANCING FOR FLYING COLOURS CORP.

Integrated Asset Management Corp. and its private corporate debt division, IAM Private Debt, closed on Nov. 19, 2018, an $18.9-million senior term loan to Flying Colours Corp.

The capital raised by Flying Colours will provide growth capital to construct a new hangar and paint facility.

Jeffrey Deacon, managing director of IAM Private Debt, said: "We are very pleased to support Flying Colours continued growth and expansion. The rigorous business model of aircraft completions developed over time by management provides strong support for the loan. We're happy to have the company in our portfolio, and provide patient capital for growth going forward."

IAM Private Debt manages and provides financing from Integrated Private Debt Fund LPs on behalf of a number of pension funds and other institutional investors. IAM Private Debt offers fixed rate, investment-grade term loans to mid-market companies for such purposes as refinancing existing debt, acquisitions, plant expansion or modernization, project financing, and management buyouts.

About Integrated Asset Management Corp.

Integrated Asset Management is one of Canada's leading alternative asset management companies with approximately $2.3-billion in assets and committed capital under management in private debt, infrastructure debt and real estate.

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