Great Rock Capital Closes $55 Million Term Loan for AirBoss of America Corp.
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Great Rock Capital has closed a $55 million senior secured term loan facility with AirBoss of America Corp., a leading rubber solutions company in North America. This loan is expected to enhance AirBoss's liquidity and support its future growth.
December 10, 2024 | 1:30 pm
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AirBoss of America Corp. has secured a $55 million term loan from Great Rock Capital, which will enhance its liquidity and support future growth initiatives.
The $55 million loan will provide AirBoss with additional liquidity, which is crucial for its growth plans. This financial support is likely to positively impact the company's operations and market perception, potentially leading to a short-term increase in stock price.
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