Tag : Credit Facility

Ericsson Signs USD 2 Billion Sustainability-linked Revolving Credit Facility
Finance Fintech News

Ericsson Signs USD 2 Billion Sustainability-linked Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
– USD 2 billion sustainability-linked revolving credit facility signed – Transaction underlines the confidence in Ericsson’s financial and sustainable performance Ericsson has signed a USD 2 billion sustainability-linked revolving credit facility, renewing an undrawn USD 2 billion credit facility signed in 2013. The successful transaction underlines the confidence in Ericsson’s financial and sustainable performance......
WebBank Provides New Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate
Fintech News

WebBank Provides New Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate

Fintech News Desk
by Fintech News Desk0
WebBank announced it has provided a new senior secured, asset-backed revolving credit facility to an affiliate of Libertas Funding, LLC (together, “Libertas”). WebBank is the sole arranger and lender under the facility. “We are thrilled to expand our partnership with WebBank, a true digital banking leader whom we greatly respect......
Quisitive Announces BMO Credit Facility and Retires Existing Credit Facility
Digital Payments Finance News

Quisitive Announces BMO Credit Facility and Retires Existing Credit Facility

Fintech News Desk
by Fintech News Desk0
Quisitive Technology Solutions Inc., a premier Microsoft Cloud Services and Payment Solutions Provider, is pleased to announce that it has paid out and retired its existing credit facility with a Canadian Schedule 1 Chartered Bank (the “Bank”) and has entered into a new credit facility with a syndicate led by......
TAB Bank Provides Textile Company in California with an $8.5 Million Asset-Based Credit Facility
Banking Business News

TAB Bank Provides Textile Company in California with an $8.5 Million Asset-Based Credit Facility

Fintech News Desk
by Fintech News Desk0
TAB Bank is pleased to announce it has provided a textile company in California with an $8.5 million asset-based credit facility. TAB was introduced to the company through an established broker/consultant relationship because the company’s previous lender was not able to provide additional availability to meet the company’s rapidly increasing sales.......
MoneyGram Announces Pricing of Private Offering of $415 Million of Senior Secured Notes
Banking News

MoneyGram Announces Pricing of Private Offering of $415 Million of Senior Secured Notes

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc.announced the pricing of its previously announced private offering of $415 million aggregate principal amount of 5.375% senior secured notes due 2026 (the “notes”) and related guarantees. The offering is expected to close on July 21, 2021, subject to customary closing conditions. Read More: Verizon Business and Mastercard Partner to Bring......
ThermoCredit Creates Credit Facility for ASC Partners
Finance Fintech News

ThermoCredit Creates Credit Facility for ASC Partners

Fintech News Desk
by Fintech News Desk0
ThermoCredit LLC, a funding and fintech company, has created a $250,000 line of credit for ASC Partners to fund the growth of their other business interests Thermo Credit LLC has entered into an agreement with ASC Partners to provide a rapid access credit facility. The $250,000 factoring facility has been......
Parkland Announces Additional Measures To Further Enhance Financial Flexibility
Banking News

Parkland Announces Additional Measures To Further Enhance Financial Flexibility

Fintech News Desk
by Fintech News Desk0
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Parkland Corporation is pleased to announce an amended syndicated senior secured credit facility agreement (the “Agreement”) and the establishment of an at-the-market (“ATM”) equity program. Parkland also announced today the closing of its previously announced private placement......
Bridge Bank Extends $2MM Credit Facility to Miva, Inc
Banking Fintech News

Bridge Bank Extends $2MM Credit Facility to Miva, Inc

Fintech News Desk
by Fintech News Desk0
Bridge Bank today announced it has extended a credit facility to Miva, Inc., a San Diego-based e-commerce software and service provider for mid-size and enterprise merchants, offering flexible, agile solutions that drive online sales. The new credit facility will be used to fund working capital needs and support growth initiatives.......
USA Technologies Announces Rebrand to Cantaloupe
Fintech News

USA Technologies Announces New Credit Facility

Fintech News Desk
by Fintech News Desk0
USA Technologies, Inc. a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, announced today that it has entered into a new Credit Agreement with JP Morgan Chase Bank, N.A. The Credit Agreement provides for a $5 million secured revolving credit facility and......
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