Search Results for: secured

Qollateral Reimagines Secured Lending in NYC's Diamond District
Finance Lending News

Qollateral Reimagines Secured Lending in NYC’s Diamond District

Fintech News Desk
by Fintech News Desk0
A new collateral lending firm, Qollateral, opens its doors today in New York City’s diamond district with a singular mission: to make collateral financing as prompt and simple as possible, while maintaining a high touch, concierge customer experience and ultimate discretion. Confidential and private, Qollateral’s offices are located in the most secure building in New York......
Greenidge Generation Executes Term Sheet with Secured Lender NYDIG Regarding Debt Renegotiations
Cryptocurrency Finance News

Greenidge Generation Executes Term Sheet with Secured Lender NYDIG Regarding Debt Renegotiations

Fintech News Desk
by Fintech News Desk0
Lender Negotiations Update Entered into a non-binding term sheet with NYDIG regarding approximately $74 million of debt contemplating the following terms: NYDIG would purchase miners with approximately 2.8 EH/s of mining capacity Greenidge would enter into a hosting agreement with NYDIG for approximately 2.8 EH/s of mining capacity, which would result in......
B2B Fintech News

BitNile Holdings Obtains $14.7 Million In Secured Debt Financing To Support Private Equity Investment

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) announced today that it borrowed $14.7 million of principal amount of a secured promissory note (the “Note”) from an accredited investor and shareholder. The Note matures on March 16, 2023, although if the Company repays at least $12 million......
Tidal Financial Group Launches its First Credit ETF Focused on Senior Secured Corporate Credit Opportunities
Investment Services News

Tidal Financial Group Launches its First Credit ETF Focused on Senior Secured Corporate Credit Opportunities

Fintech News Desk
by Fintech News Desk0
Tidal Financial Group, a leading ETF investment and technology platform, announced the listing of the Senior Secured Credit Opportunities ETF an actively managed secured credit fund managed by Gateway Credit Partners (“Gateway”). The fund seeks to generate consistent income and preserve capital by investing primarily in a combination of first......
Brightwood Capital Advisors Leads Senior Secured Credit Facility to Support Orangewood Partners’ Acquisition of Barrington James
Fintech News

Brightwood Capital Advisors Leads Senior Secured Credit Facility to Support Orangewood Partners’ Acquisition of Barrington James

Fintech News Desk
by Fintech News Desk0
Brightwood Capital Advisors (“Brightwood”), a leading private credit firm, announced that it acted as sole lead arranger and administrative agent to provide a senior secured credit facility in support of Orangewood Partners’ acquisition of Barrington James (“the Company”). Latest Fintech Insights : Goldman Sachs Asset Management and Cleanhill Partners Acquire......
mCloud Provides Update on Interest Payment Related to Outstanding Unsecured Convertible Debentures
Digital Payments News

mCloud Provides Update on Interest Payment Related to Outstanding Unsecured Convertible Debentures

Fintech News Desk
by Fintech News Desk0
mCloud Technologies Corp. (“mCloud” or the “Company”) a leading provider of AI-powered asset management and Environmental, Social, and Governance (“ESG”) solutions provided an update on an interest payment related to its outstanding unsecured convertible debentures (the “Debentures”). Latest Fintech Insights : Goldman Sachs Asset Management and Cleanhill Partners Acquire Majority......
Axis Announces Amendments to 7.5% Extendible Unsecured Convertible Subordinated Debentures
Finance News

Axis Announces Amendments to 7.5% Extendible Unsecured Convertible Subordinated Debentures

Fintech News Desk
by Fintech News Desk0
Axis Auto Finance Inc. a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced that it intends to extend the maturity date of its 7.5% Extendible Unsecured Convertible Subordinated Debentures (the “Debentures“) until December 31, 2025 and decrease the conversion price of the......
Dhanani Group Closes on $500 Million Secured Financing
Fintech Funding News

Dhanani Group Closes on $500 Million Secured Financing

Fintech News Desk
by Fintech News Desk0
Monarch leads long-term capital solution and provides operational support to strengthen existing business and drive future growth Dhanani Group Inc., the second largest quick-service restaurant franchisee group in the United States, with 849 restaurants across 23 states, announced the closing of new financing totaling $500 million.  Monarch Alternative Capital LP, a leading......
Choice Properties Real Estate Investment Trust Announces Issuance of $500 million of Series R Senior Unsecured Debentures
Investment Services News

Choice Properties Real Estate Investment Trust Announces Issuance of $500 million of Series R Senior Unsecured Debentures

Fintech News Desk
by Fintech News Desk0
Choice Properties Real Estate Investment Trust announced that it has agreed to issue, on a private placement basis in certain provinces of Canada (the “Offering”), $500 million aggregate principal amount of series R senior unsecured debentures of the Trust that will bear interest at a rate of 6.003% per annum......
Bitcoin Well Announces $5 Million Secured Convertible Debt Financing to Develop Next Phase of Bitcoin Ecosystem
debt collection Fintech News

Bitcoin Well Announces $5 Million Secured Convertible Debt Financing to Develop Next Phase of Bitcoin Ecosystem

Fintech News Desk
by Fintech News Desk0
Financing Will Underpin Development of FinTech Ecosystem of Products and Services Bitcoin Well Inc., a technology company building and utilizing products that offer safe and easy ways to buy, sell and use Bitcoin, is pleased to announce a CDN$5.0 million secured convertible debenture at a conversion price of $0.30. The......
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