Canadian construction firm DCM Group has received a C$38mn (US$28.39mn) facility from PNC Bank for working capital and trade purposes.

The loan includes a C$30mn revolving line of credit and a C$8mn revolving letter of credit, and was completed by the Canadian branch of Pittsburgh-based PNC Bank.

DMC Group will use the funds to refinance existing senior bank debt, issue letters of credit and as general working capital.

The company is based in Montreal and services the oil and gas, mining, metals, manufacturing, infrastructure and power sectors.