Bastion Management Closes $150 Million Facility with Sezzle

STAMFORD, Conn., May 17, 2024 /PRNewswire/ -- Bastion Management ("Bastion"), a private investment firm focused on asset-based lending in the specialty finance sector, announced today that it agented a senior debt investment of $150 million, with an accordion up to $225 million, in Sezzle Inc. (NASDAQ:SEZL) ("Sezzle" or "Company") to refinance the previous $100 million facility established in October 2022 with Bastion and affiliates. The new facility will provide additional liquidity to fund the Company's f ...