BRIEF-Callidus announces new securitization facility

Mon Jul 18, 2016 10:04am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

July 18 (Reuters) - Callidus Capital Corp :

* Received provisional investment grade ratings for loans to be issued through a new securitization facility

* Facility is expected to be initiated at $165 million and will augment Callidus' existing facilities

* Proceeds will be used to partially repay outstanding amounts under existing facilities, which are expected to largely remain in place

* Callidus Capital announces new securitization facility Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)