Arq Announces Successful Closing of $30 million Revolving Credit Facility
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Arq, Inc. has successfully closed a $30 million revolving credit facility with MidCap Financial. This facility will support Arq's operations and growth in producing environmentally efficient carbon products.
January 02, 2025 | 1:15 pm
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Arq, Inc. has secured a $30 million revolving credit facility with MidCap Financial, which will enhance its financial flexibility and support its growth in producing environmentally efficient carbon products.
The successful closing of a $30 million revolving credit facility provides Arq with increased financial resources and flexibility. This is likely to support its operations and growth, positively impacting its stock price in the short term.
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