Marathon Asset Management Closes $100 Million Senior Secured Bonds Financing To Foraco International
Amount Raised
$100 Million
Round Type
Funding Round
New YorkFinancial ServicesFinanceLendingDescription
Marathon Asset Management today announced the closing of a $100 million senior secured bonds financing to Foraco International SA (the "Company" or "Foraco"), a leading global provider of mineral drilling services. Proceeds from the financing repaid existing indebtedness and provided additional liquidity and growth capital as the Company executes on its long-term business plan. The transaction also enabled Foraco to materially reduce its net debt outstanding.
Quick answer
Marathon Asset Management raised $100 Million in a Funding Round round, dated July 13, 2021. Marathon Asset Management is based in New York, New York, United States.
- How much did Marathon Asset Management raise?
- Marathon Asset Management raised $100 Million in a Funding Round round on July 13, 2021.
- What does Marathon Asset Management do?
- Marathon Asset Management LP is a global credit manager with over $23 billion in assets under management.
- Where is Marathon Asset Management based and how big is it?
- Marathon Asset Management is based in New York, New York, United States. Fundz records about 263 employees.
- Who are the decision-makers at Marathon Asset Management?
- Fundz holds 1 contact at Marathon Asset Management. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Marathon Asset Management that raised within 45 days of this round, from Fundz verified event records.
- BankFive raised $25M on August 27, 2021.
- Indy Financial Technologies, Inc. raised $2M (Seed) on August 20, 2021.
- Tartan raised $130K (Pre-Seed) on August 4, 2021.
- Walker & Dunlop raised $38M (Funding Round) on July 29, 2021.
- Monarch Networth Capital raised $13M (Funding Round) on July 27, 2021.
- Monarch Networth Capital raised $13M (Funding Round) on July 27, 2021.
Who to call at Marathon Asset Management, and when
A new round usually means Marathon Asset Management is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Marathon Asset Management raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Marathon Asset Management, from your own LinkedIn network
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Related People
Marathon Asset Management 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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