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8-K: Current report

8-K: Current report

8-K:重大事件
美股sec公告 ·  06/28 16:30
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On June 26, 2024, XBP Europe Holdings, Inc., known as XBP Europe, and its subsidiaries entered into a significant financing agreement with HSBC UK Bank plc. The agreement provides XBP Europe with senior secured financing, including a £3.0 million Term Loan A Facility, a €10.5 million Term Loan B Facility, and a £12.0 million Revolving Credit Facility. The Term Loan Facilities have a four-year maturity, while the Revolving Credit Facility has a three-year term with potential extension rights. The funds will be used to repay existing indebtedness and for general corporate purposes, including permitted acquisitions and capital expenditures. The agreement also includes an additional £14.0 million extension of credit under the Revolving Credit Facility at HSBC's discretion. The financing is secured by various...Show More
On June 26, 2024, XBP Europe Holdings, Inc., known as XBP Europe, and its subsidiaries entered into a significant financing agreement with HSBC UK Bank plc. The agreement provides XBP Europe with senior secured financing, including a £3.0 million Term Loan A Facility, a €10.5 million Term Loan B Facility, and a £12.0 million Revolving Credit Facility. The Term Loan Facilities have a four-year maturity, while the Revolving Credit Facility has a three-year term with potential extension rights. The funds will be used to repay existing indebtedness and for general corporate purposes, including permitted acquisitions and capital expenditures. The agreement also includes an additional £14.0 million extension of credit under the Revolving Credit Facility at HSBC's discretion. The financing is secured by various assets and equity interests of the XBP Group and includes customary events of default, interest rates, fees, and covenants. Concurrently, XBP Europe terminated its Existing HSBC Indebtedness without incurring penalties and maintained its non-recourse factoring program. The company issued a press release on June 27, 2024, detailing the transaction, which refinances existing debt and secures additional liquidity to fund growth, including a $30 million commitment and an $18 million accordion feature.
2024年6月26日,XBP欧洲控股有限公司和其子公司与英国汇丰银行签订了一项重要的融资协议。 该协议为XBP欧洲提供了优先担保融资,包括300万英镑的A类期限贷款设施,1050万欧元的B类期限贷款设施和1200万英镑的循环信贷设施。期货贷款设施期限为四年,而循环信贷设施则有三年期限,并具有可能的展期权利。融资将用于偿还现有负债以及一般企业用途,包括被许可的收购和资本支出。协议还包括在汇丰银行自行决定下的额外1400万英镑循环信贷设施扩展。融资由XBP集团的各种资产和股权担保,并包括惯常的违约事件、利率期货、费用和契约。同时,XBP欧洲无需承担罚款就终止了现有的汇丰银行负债,并保持其非追索保理计划。公司于2024年6月27日发布新闻稿,详细介绍了这项交易,该交易重新融资现有负债并获得了额外的流动性,以支持增长,包括3000万美元的承诺和1800万美元的手风琴特性。
2024年6月26日,XBP欧洲控股有限公司和其子公司与英国汇丰银行签订了一项重要的融资协议。 该协议为XBP欧洲提供了优先担保融资,包括300万英镑的A类期限贷款设施,1050万欧元的B类期限贷款设施和1200万英镑的循环信贷设施。期货贷款设施期限为四年,而循环信贷设施则有三年期限,并具有可能的展期权利。融资将用于偿还现有负债以及一般企业用途,包括被许可的收购和资本支出。协议还包括在汇丰银行自行决定下的额外1400万英镑循环信贷设施扩展。融资由XBP集团的各种资产和股权担保,并包括惯常的违约事件、利率期货、费用和契约。同时,XBP欧洲无需承担罚款就终止了现有的汇丰银行负债,并保持其非追索保理计划。公司于2024年6月27日发布新闻稿,详细介绍了这项交易,该交易重新融资现有负债并获得了额外的流动性,以支持增长,包括3000万美元的承诺和1800万美元的手风琴特性。
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