Global Trade Alert
Global Trade Alert

Canada: Investissement Québec provides CAD 35 million in convertible debt funding to support SRTX expansion

Announcement

03 Dec 2024

In December 2024, Investissement Québec announced a CAD 35 million convertible debt investment to support the expansion of SRTX (Sheertex), a Montréal-based manufacturer of durable textiles. The funding will enable increased production capacity and international market growth. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Dec 2024

Revocation date:

No revocation date

Updated: 03 Dec 2024
State loan In force

On 3 December 2024, Investissement Québec, the provincial development financial institution, announced a CAD 35 million (USD 24.33 million) convertible debt investment to support SRTX (Sheertex). T...

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