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

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