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Cardinal Infrastructure Group Inc. secures an expanded credit facility with a new delayed draw term loan of up to $250 million. This financing enhances their capacity for growth through acquisitions.
Amount Raised
$250 Million
Round Type
Debt Financing
Description
Cardinal Infrastructure Group Inc. announced the successful amendment of its senior secured credit agreement, adding a new delayed draw term loan of up to $250 million. The company also increased its revolving credit facility from $75 million to $100 million. This financing will provide the necessary capital to pursue strategic acquisitions
Fundz sees it the moment Cardinal Infrastructure Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Cardinal Infrastructure Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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