Tag : Debt Financing

COVU Secures an Additional $12.5 Million in Series A Funding
InsurTech Investment Services News

COVU Secures an Additional $12.5 Million in Series A Funding

Business Wire
by Business Wire0
COVU, Inc., a leader in AI-native services for insurance agencies, announced the successful completion of $12.5 million in equity and debt financing, as part of the first tranche of its Series A funding round. This brings total funding to date to over $20 million. The funding round attracted investment from......
Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital
Finance News

Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital

GlobeNewswire
by GlobeNewswire0
Strengthens financial flexibility to support the Company’s continued growth Verona Pharma plc, announces it and its wholly-owned subsidiary, Verona Pharma, Inc. (the “Company”), have entered into a debt financing facility (“debt facility”) providing the Company with access to up to $400 million from funds managed by Oxford Finance LLC (“Oxford”)......
US Capital Global to Provide $100MM in Debt Financing for Laser Light Companies
Finance News

US Capital Global to Provide $100 Million in Debt Financing for Laser Light Companies

PR Newswire
by PR Newswire0
Global private group with over 25 years’ experience leads debt financing for Laser Light Companies Financing accelerates Laser Light’s initial phase of world’s first converged on-demand all-optical network US Capital Global has entered into a term sheet to provide credit facilities totaling a minimum of $100 million (USD) to Laser Light......
Flex Raises $120 Million in Equity and Debt, Launching Finance Super App for Business Owners
debt collection News

Flex Raises $120 Million in Equity and Debt, Launching Finance Super App for Business Owners

PR Newswire
by PR Newswire0
Funding round led by Florida Funders, with participation from Home Depot Ventures, Community Investment Management (CIM), Companyon Ventures and MS&AD Ventures Flex, formerly known as Flexbase, announced the closing of a $120M Series A debt and equity funding round, which includes debt financing from CIM with an agreement to fund up to $100M, and $20M in......
Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth
Banking News

Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth

PR Newswire
by PR Newswire0
Palm Tree LLC, the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, announced its Investment Banking team advised on a successful debt financing transaction for The Neato Company with funds being provided by an institutional investment fund. Financial details of the......
BTIG Investment Banking Continues to Grow Debt Capital Advisory Team With John Bertrand
Banking Investment Services News

BTIG Investment Banking Continues to Grow Debt Capital Advisory Team With John Bertrand

Business Wire
by Business Wire0
BTIG announced that John Bertrand has joined the firm as a Managing Director within Investment Banking’s Debt Capital Advisory Group. Based in the New York office, Mr. Bertrand will support the firm’s efforts to originate, structure, and execute debt financing for corporate issuers and financials sponsors. Latest Fintech Interview: Global......
CIBC Innovation Banking Provides €12 Million Financing Package to Language Technology Business Phrase
Banking Finance News

CIBC Innovation Banking Provides €12 Million Financing Package to Language Technology Business Phrase

Business Wire
by Business Wire0
CIBC Innovation Banking announced that it has provided €12m in debt financing to Phrase, a global cloud-based localisation software provider, headquartered in Prague, that helps brands localise and translate content more efficiently and manage the end-to-end process at scale. Phrase will use the funds to further develop the next generation of......
HUB Announces Highly Successful Debt Refinancing and Sizable Increase to Revolving Credit Facility
InsurTech News

HUB Announces Highly Successful Debt Refinancing and Sizable Increase to Revolving Credit Facility

PR Newswire
by PR Newswire0
Transaction increases HUB’s liquidity to fuel acquisitions and strategic initiatives that drive organic growth Hub International Limited (HUB), a leading global insurance brokerage, announced the recent completion of a $6.9 billion debt raise to refinance the company’s $6.4 billion term loan debt that was coming due in 2025, extending the maturity of the......
Stori Raises $50 Million Debt Capital as It Reaches 2 Million Customers in Mexico
debt collection Fintech News

Stori Raises $50 Million Debt Capital as It Reaches 2 Million Customers in Mexico

PR Newswire
by PR Newswire0
Stori, the most recent Mexican unicorn, has received an additional $50M credit line from Community Investment Management and reached the important milestone of 2 million credit card customers Stori, the Mexican fintech unicorn, has received an additional $50 million credit line from impact-focused, debt capital provider Community Investment Management (“CIM”) and has achieved......
Standard Lithium Retains BNP Paribas to Lead Debt Advisory Services for First Commercial Project
debt collection News

Standard Lithium Retains BNP Paribas to Lead Debt Advisory Services for First Commercial Project

GlobeNewswire
by GlobeNewswire0
Exclusive Financial Advisor for Limited Recourse Debt Financing to Fund Majority of First Commercial Project Standard Lithium Ltd., a leading near-commercial lithium company, has signed a mandate with BNP Paribas (BNP) to act as exclusive financial advisor to the Company in connection with limited recourse debt financing. The debt financing will......
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