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Nexxen Announces Transition to Reduced $50 Million Revolving Credit Facility
Globenewswire· 2025-05-30 11:30
Core Viewpoint - Nexxen International Ltd. has successfully amended its revolving credit facility, reducing the committed facility size and extending the maturity date, which enhances its liquidity for business operations and strategic investments [1][2]. Company Overview - Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a flexible technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [3]. - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on Nasdaq under the ticker NEXN [4]. Financial Update - The committed facility size of Nexxen's revolving credit facility has been reduced from $90 million to $50 million, with the maturity extended to September 2027 [2]. - The company's strong cash position, combined with the updated credit facility, provides sufficient liquidity to support ongoing business needs and future strategic initiatives [2].
West Red Lake Gold announces final drawdown of US$12.5 Million under Nebari Credit Facility
Globenewswire· 2025-05-14 17:01
Rowan & Madsen Projects Location Map Rowan & Madsen Projects Location Map VANCOUVER, British Columbia, May 14, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) announces that it has drawn the remaining US$12.5 million (“Final Tranche”) of its previously announced US$35 million credit facility (the “Credit Facility”), with Nebari Natural Resources Credit Fund II LP (“Nebari”). The Credit Facility was entered into on December 31, 20 ...
NFI Announces New $845 Million First Lien Senior Credit Facility
Globenewswire· 2025-05-07 21:00
New agreement replaces existing first lien senior facilities and enhances NFI's flexibility to execute on record backlogWINNIPEG, Manitoba, May 07, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI), a leader in propulsion-agnostic bus and coach mobility solutions, today announced that it and certain of its subsidiaries (collectively, the Company) have entered into a new revolving credit facility (the First Lien Facility) with a total borrowing limit of $845 million, which inc ...