Tag : Credit Facility

Hudson Pacific Raises $189 Million from Silicon Valley Land and Studio Debt Sales
Fintech Investments News

Hudson Pacific Raises $189 Million

Business Wire
by Business Wire0
Hudson Pacific Properties, Inc., a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested through two separate transactions a land parcel in Silicon Valley and certain tranches of a loan secured by its Hollywood Media Portfolio for gross proceeds of $189.3 million......
Gulfport Energy Announces Pricing of Block Trade of 653,464 Shares of Common Stock by Selling Stockholders
Fintech News

Weatherford Announces $550 Million Credit Facility with $300 Million Borrowing Capacity

GlobeNewswire
by GlobeNewswire0
Weatherford International plc announced a five-year credit facility that is effective with aggregate commitments of $550 million. The facility is comprised of a $250 million tranche available for performance letters of credit and a $300 million tranche available as a cash revolver. There is also the optionality of a $200......
BB Energy Successfully Renews and Expands its Digital Borrowing Base Credit Facility to USD 600 Million
News Trading

BB Energy Successfully Renews and Expands its Digital Borrowing Base Credit Facility to USD 600 Million

PR Newswire
by PR Newswire0
BB Energy, a leading global independent energy trading company, has successfully renewed and expanded its senior secured borrowing base credit facility (the ‘Facility’) in the Americas. The Facility finances the company’s working capital needs for inventory and receivables in the region. The Facility was launched at US $500 million and subsequently increased......
Tempur Sealy Announces Refinancing of Credit Facilities
Finance News

Tempur Sealy Announces Refinancing of Credit Facilities

PR Newswire
by PR Newswire0
Tempur Sealy International, announced that it has successfully completed the closing of its $1.65 billion senior secured credit facilities, which include a $1.15 billion revolving credit facility and a $500 million term loan facility. The proceeds of the senior secured credit facilities will be used to refinance Tempur Sealy’s existing credit facilities and, in the case of the......
BlackRock Capital Investment Corporation Announces Credit Agreement Amendment
Investment Services News

BlackRock Capital Investment Corporation Announces Credit Agreement Amendment

Business Wire
by Business Wire0
BlackRock Capital Investment Corporation announced that it has entered into an amendment (the “Amendment”) to its $265 million senior secured revolving credit agreement (as amended, including by the Amendment, the “Revolving Credit Facility”). The Amendment, among other things: Browse more about Interview Insights: Global Fintech Interview with Scott Macfee, CEO......
Medical Properties Trust Sells $105 Million of Its Interest in Steward’s Syndicated Asset-backed Credit Facility
Fintech News

Medical Properties Trust Sells $105 Million of Its Interest in Steward’s Syndicated Asset-backed Credit Facility

Business Wire
by Business Wire0
Medical Properties Trust, announced that it has sold $105 million of its interest in Steward Health Care System’s (“Steward”) new syndicated asset-backed credit facility to a leading global asset manager with more than $100 billion in assets under management. Latest Fintech Interview Global Fintech Interview with Brian Halpin, SVP, SS&C......
OneBlinc Secures $100M Credit Facility with Clear Haven to Fuel Growth of Underserved Credit Products
Fintech News

OneBlinc Secures $100 Million Credit Facility with Clear Haven to Fuel Growth of Underserved Credit Products

Business Wire
by Business Wire0
OneBlinc, a leading fintech company specialized in providing payroll loans for Federal employees, announced that it has secured a new $100 million credit facility with Clear Haven. This significant financial milestone aims to fuel future portfolio growth and refinance OneBlinc’s existing credit facility. Latest Fintech Interview Global Fintech Interview with......
Settle Unveils New Purchasing and Procurement Suite for E-commerce Businesses
Business E-commerce News

Settle Unveils New Purchasing and Procurement Suite for E-commerce Businesses

PR Newswire
by PR Newswire0
Settle, the leading cash-flow management platform, announced a new purchasing suite designed specifically for founders of e-commerce businesses. Purpose-built to streamline the challenge of purchasing and procurement, the new Settle Purchasing suite of tools automates back-office tasks like bill pay, purchase order creation, auditing, reporting and more. “The current economic......
Slide Insurance Raises Additional $35 Million of Capital
InsurTech News

Slide Insurance Raises Additional $35 Million of Capital

Business Wire
by Business Wire0
Investment Fortifies Financial Position of Florida-Based Insurtech Slide Insurance, a full-stack insurtech focused on homeowners insurance, announced the closing of a $35 million senior credit facility with Regions Bank. “Regions has a long track record of success with growth-oriented companies in the property and casualty insurance industry” “Securing the capital......
Cardless Announces $75 Million Credit Facility From i80 Group
Fintech News

Cardless Announces $75 Million Credit Facility From i80 Group

PR Newswire
by PR Newswire0
The fintech company that provides custom co-branded credit card products also received angel investment from The Points Guy founder, Brian Kelly San Francisco-based financial technology firm, Cardless, Inc announced a new debt deal with i80 Group, securing a three-year $75 million credit facility. The deal is a warehouse facility that will enable......
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