Borealis Foods Refinances Debt with $17M Loan from Oxus Capital
Borealis Foods (BRLS) has refinanced its existing Frontwell Capital debt with a $17 million loan from Oxus Capital. The new loan has a 12% annual interest rate and is expected to improve the company's short-term liquidity. The refinancing replaces the previous credit facility with Frontwell Capital.
Tickers: $BRLS
Topics: capital structure debt liquidity refinancing