Runway Growth Finance Provides Q3 2024 Portfolio Update With $75.3M In Funded Investments Across Seven New And Existing Portfolio Companies; Includes $23M To Snap! Mobile, $45.3M To Zinnia Corporate Holdings, And $20M To Elevate Services
Portfolio Pulse from Benzinga Newsdesk
Runway Growth Finance announced a Q3 2024 portfolio update, highlighting $75.3M in funded investments across seven companies, including Snap! Mobile, Zinnia Corporate Holdings, and Elevate Services. The company also reported full repayment of a $75M loan from CloudPay and a $10M assignment of Airship Group investment.
October 08, 2024 | 12:33 pm
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Runway Growth Finance's Q3 2024 update shows significant investment activity with $75.3M funded across seven companies and full repayment of a $75M loan from CloudPay, indicating strong portfolio management.
The update highlights Runway Growth Finance's active investment strategy and successful loan recovery, which are positive indicators for the company's financial health and future growth prospects.
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IMPORTANCE 80
RELEVANCE 100