Exela Technologies closes $150M financing facility with PNC Bank
Jun. 21, 2022 9:22 AM ETExela Technologies, Inc. (XELA), XELAPBy: Mary Christine Joy, SA News Editor
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- Exela Technologies (NASDAQ:XELA) closed a 3-year $150M financing facility with PNC Bank.
- The new facility replaces the business process automation company's existing securitization facility, and is expected to provide annual interest savings of $6M.
- XELA shares were trading +2.33% pre-market.
- Source: Press Release