Mr. Jeff Murray reports

BOYD GROUP SERVICES INC. EXTENDS REVOLVING CREDIT FACILITIES

Boyd Group Services Inc. has extended its existing revolving credit facilities in the aggregate amount of $550-million (U.S.) for a four-year term, with an accordion feature which can increase the credit facilities to a maximum of $850-million (U.S.). The facilities will mature in March, 2028. The existing $125-million (U.S.) term loan A maturing in March, 2027, remains unchanged.

"The amended credit facilities provide Boyd with continued financial flexibility," said Jeff Murray, executive vice-president and chief financial officer of Boyd Group. "These financing arrangements, along with our strong balance sheet, will enable us to continue executing our growth strategy and building shareholder value."

The lending institutions participating in the facilities include: Toronto-Dominion Bank, as lead arranger, Bank of America, National Bank of Canada, Bank of Nova Scotia and Canadian Imperial Bank of Commerce.

About Boyd Group Services Inc.

Boyd Group Services is a Canadian corporation and controls The Boyd Group Inc. and its subsidiaries.

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