TechnologyBird reportedly secures $450 million in debt financing from seven banks
Tech Funding News reports that JPMorgan led the financing, which comprises a $400 million term loan and a $50 million revolving credit facility.
TLDR
Tech Funding News reports that seven banks backed Bird’s $450 million debt raise. JPMorgan led the financing alongside Capital One and Citi, with Silicon Valley Bank, Mitsubishi UFJ Financial Group (MUFG), Flagstar Bank and Huntington National Bank rounding out the lender group. The package comprises a $400 million term loan and a $50 million revolving credit facility.
Bird reportedly secures $450 million in debt financing from seven banks
Tech Funding News reports that JPMorgan led the financing, which comprises a $400 million term loan and a $50 million revolving credit facility.
TLDR
Tech Funding News reports that seven banks backed Bird’s $450 million debt raise. JPMorgan led the financing alongside Capital One and Citi, with Silicon Valley Bank, Mitsubishi UFJ Financial Group (MUFG), Flagstar Bank and Huntington National Bank rounding out the lender group. The package comprises a $400 million term loan and a $50 million revolving credit facility.