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Cansortium Inc (CSE: TIUM.u) has entered into a senior secured term loan facility. The term loan, set at US $ 71 million, was entered into through a syndicate of US-based institutional lenders. The $ 71 million term loan contains a maturity date of April 29, 2025, while bearing interest at a rate of 13% per …

GTEC Holdings (TSXV: GTEC) announced this morning that it had cleared all its unpaid debts. In particular, the company repaid two senior secured promissory notes. The notes, which were held by NFS Leasing Canada, totaled $ 6.0 million and were reportedly fully refunded last Friday. The repayment, along with the debt repaid in March, would …

International Finance Corporation (IFC) plans to invest $ 100 million in the secured debt of Hero Fincorp Ltd belongs to the Hero group. See Zee Business Live TV Streaming below: Hero Fincorp mainly finances the purchase of two-wheelers, loans to micro, small and medium-sized enterprises (MSMEs), personal loans, used car loans and business loans, the …