NXTP - NextBank gets $200M revolving credit line facility
- NextPlay Technologies ( NASDAQ: NXTP ) international banking unit, NextBank International has signed a loan and security agreement with Savi Capital Partners for a $200M revolving line of credit facility with maturity set for May 31, 2027.
- Proceeds drawn from the revolving line of credit facility by the bank will be used to fund loans secured by domestic US commercial real estate properties in accordance with underwriting guidelines established by NextBank.
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NextBank gets $200M revolving credit line facility