Linamar Corporation announced that it has amended and restated its credit facilities in connection with the Offer. The amended and restated credit facilities include (i) a non-revolving term credit facility in the aggregate principal amount of up to CAD 600 million (the "Term Facility") for the purpose of funding, in whole or in part, the purchase price of the Offer and (ii) the continuation and increase of the previously existing revolving credit facility to the aggregate principal amount of up to CAD 950 million (the "Revolving Facility") to fund the Offer and for general corporate purposes. Both the Term Facility and the Revolving Facility expire on January 21, 2021 and are under terms and conditions largely consistent with Linamar's previously existing credit facility.

The amended and restated credit facilities provide for Euro drawings and the Euro denominated debt associated with the acquisition will be designated as a net investment hedge of the assets of Montupet S.A.