International Assets Holding (IAAC) Renews $60M Revolving Credit Facilities
International Assets Holding Corporation (NASDAQ: IAAC) announced that it has completed the renewal of two revolving credit facilities totaling $60 million that were arranged and fully underwritten by Bank of America N.A. The facilities will continue to be used to finance working capital needs of International Assets Holding Corporation and also to finance the trading activities of the group's subsidiary, INTL Global Currencies Limited.
Sean O'Connor, CEO said, "We are pleased to have closed the renewal of these facilities with the continuing support from Bank of America as our businesses continue to grow in challenging markets."
Sean O'Connor, CEO said, "We are pleased to have closed the renewal of these facilities with the continuing support from Bank of America as our businesses continue to grow in challenging markets."
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