Park Lawn Corporation announced an increase to its syndicated bank financing arrangement as well as the addition of Bank of America to the syndicate led by National Bank of Canada and including Bank of Montreal and The Toronto-Dominion Bank. The financing arrangement increases company's borrowing capacity from $150 million to $225 million. The additional credit will provide PLC with further flexibility as it continues to pursue its growth strategy. In particular, the revolving credit facility is expected to support PLC's ability to capitalize on organic projects and acquisition opportunities as they arise, while maintaining a prudent approach to leverage. The credit facilities include: $175 million committed credit facility and $50 million accordion facility.