Kruger Inc.

EDC provided $27 million in financing as part of a larger working capital facility for Montréal-based Kruger Inc., a major producer of publication papers, tissue, lumber and other wood products, corrugated cartons from recycled fibres, green and renewable energy, and wines and spirits. EDC worked in partnership with other Canadian banks to add capacity to Kruger's credit facility as the credit crunch continues to constrain lending, in particular for companies in the pulp and paper sector.