Wintrust Subsidiary Extends Receivables Facility with Plaza Trust, Lowers Limit to $580 Million
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Wintrust Financial's subsidiary, First Insurance Funding of Canada Inc., has amended its Receivables Purchase Agreement with Plaza Trust, extending the maturity date to December 15, 2026, and reducing the facility limit to $580 million. The amendment includes technical changes and updates to fund costs, rates, and fees. Wintrust continues to guarantee First Canada's performance under the agreement.
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