Timbercreek Financial Provides Update on Resolution of Group Sélection Loans

TORONTO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company” or “Timbercreek Financial”) today provided an update on its progress with two loans that were originally made to Groupe Sélection Inc. As previously disclosed (in December 13, 2022), Groupe Sélection filed an application under the Companies’ Creditors Arrangement Act (CCAA) to proceed with a restructuring.