ADELAIDE, AUSTRALIA: Buddy Technologies Limited has executed a binding term sheet with Partners for Growth VI, L.P. (PFG) for the provision of a loan facility of up to US$20 million to refinance debt and fund growth, a news release said. Buddy Technologies, a leader in IoT and cloud-based solutions for making spaces smarter, will use…
CAMBRIDGE: Acacia Pharma Group announced that it has drawn down the remaining €10 million available under its unsecured €25 million loan facility with Cosmo Technologies Limited, a wholly-owned subsidiary of Cosmo Pharmaceuticals N.V. The Company plans to deploy this capital to support its ongoing US launches of BARHEMSYS (amisulpride injection) for postoperative nausea & vomiting…
LONDON: Urban Logistics, the specialist UK industrial and logistics REIT, announced three acquisitions for a total consideration of £36.8 million in Colchester, Exeter and Nottingham and the signing of a new £151 million loan facility. Colchester: On 10 July 2020, the Company acquired Interchange Park, located on the A12 / A120 in Essex, for £9.8…
SYDNEY: XTEK Limited has secured a A$2.5 million loan facility from the Commonwealth Bank of Australia to invest into the equipment to mass produce XTEK’s XTclave ballistic helmets. XTEK Managing Director, Philippe Odouard, said: “This CBA loan facility represents non-dilutive funding and is a step in optimising XTEK’s capital structure. The funds will be used…