CFS International Inc. Announces An Agreement has been Reached with the Ontario Municipal Employees Retirement Board.TORONTO--(BUSINESS WIRE)--Aug. 27, 1996--CFS INTERNATIONAL INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. .(VSE See DOS/VSE. VSE - Virtual Storage Extended :CFY CFY Clinical Fellowship Year (often used in speech-language pathology education/jobs) CFY Current Fiscal Year CFY Contractor Fiscal Year CFY Company Fiscal Year ) CFS International Inc. announces that it has reached an agreement with the Ontario Municipal Employees Retirement Board ("OMERS OMERS Ontario Municipal Employees Retirement System ") under which OMERS has agreed to provide a five-year term loan, to a maximum of $10.5 million, secured by a first mortgage charge on the Corporation's shopping mall property in Ottawa. This mortgage loan will replace the existing mortgage with the Corporation's banker, and provide additional capital for use in connection with the shopping mall property. CFS International Inc. is an international trading, manufacturing, retailing, and investment company, with its shares traded on the VSE under the symbol "CFY". -0- The VSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release. CONTACT: CFS International Inc. Alec Lam, 905/305-0222 905/305-0932 (Fax) |
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