XBP Europe Holdings (XBP) Completes $48M Financing
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XBP Europe Holdings, Inc. Completes $48 Million Financing to Fund Growth
June 27, 2024 1:45 PM EDTTransaction Refinances Existing Indebtedness and Secures Incremental Liquidity to Fund Growth
Financing includes $30 million committed and $18 million accordion feature
LONDON, United Kingdom and SANTA MONICA, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (XBP Europe or the Company) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, today announced that certain of the Companys subsidiaries have entered into a comprehensive financing agreement with HSBC UK Bank plc (HSBC). The new agreement refinances the... More
