Fusion Fuel Closes on $1.28 Million Senior Convertible Notes and $25 Million Equity Line of Credit
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Fusion Fuel Green PLC has secured $1.28 million through senior convertible notes and a $25 million equity line of credit to support its growth initiatives.
January 13, 2025 | 12:15 pm
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Fusion Fuel Green PLC has closed a $1.28 million senior convertible notes placement and secured a $25 million equity line of credit, enhancing its financial flexibility for growth.
The closing of convertible notes and securing a significant equity line of credit provides Fusion Fuel with additional capital, which is likely to support its operational and strategic growth initiatives. This financial move is positive for the company's short-term growth prospects, potentially leading to a favorable impact on its stock price.
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