NuRAN Wireless Secures $10 Million Non-Convertible Revolving Credit Facility

NuRAN Wireless (NUR) has entered into a definitive $10 million non-convertible revolving credit facility. The financing was provided by a lender representing a group of supporting shareholders. The company intends to utilize the capital to fund its general working capital requirements and support the construction of additional telecommunications towers. This move aims to bolster infrastructure development as part of its ongoing operations.

By Tiyashi Datta, SA News Editor · Seeking Alpha ·

NuRAN Wireless Secures $10 Million Non-Convertible Revolving Credit Facility

Tickers: $NRRWF

Topics: revolving credit facility telecommunications infrastructure working capital

Read the full article at Seeking Alpha

More World news