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Nfi Completes Financing Agreements With The Government Of Manitoba And Export Development Canada

Jan 20, 2023

Round Type

Debt Financing

WinnipegManufacturingTransportation

Description

(TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it has finalized agreements for the previously announced financial support package of approximately $1871 million with the Manitoba Development Corporation, an entity that provides financial services and financial instruments on behalf of the Province of Manitoba, and Export Development Canada (“EDC”), Canada’s export credit agency.

Quick answer

NFI Group raised an undisclosed amount in a Debt Financing round, dated January 20, 2023. NFI Group is based in Winnipeg, Manitoba, Canada.

How much did NFI Group raise?
NFI Group raised an undisclosed amount in a Debt Financing round on January 20, 2023.
What does NFI Group do?
NFI Group Inc. is a leading independent global bus and coach manufacturer and a leader in electric mass mobility solutions.
Where is NFI Group based and how big is it?
NFI Group is based in Winnipeg, Manitoba, Canada. Fundz records about 8,900 employees.
Who are the decision-makers at NFI Group?
Fundz holds 1 contact at NFI Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Manufacturing around the same time

Companies in the same sectors as NFI Group that raised within 45 days of this round, from Fundz verified event records.

  • Quantum Space raised an undisclosed amount (Funding Round) on December 13, 2022.
  • Einride raised $500M (Funding Round) on December 7, 2022.
  • Crown Affair raised $2M (Seed) on March 6, 2023.
  • Statesman Project Foghorn raised $270K (Seed) on March 6, 2023.
  • AiM Medical Robotics raised $600K (Seed) on March 6, 2023.
  • 22nd Century raised $21M (Debt Financing) on March 3, 2023.

Who to call at NFI Group, and when

A new round usually means NFI Group is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

NFI Group

Location

Winnipeg, Manitoba, Canada

About

NFI Group Inc. is a leading independent global bus and coach manufacturer and a leader in electric mass mobility solutions. With over 8,500 team members in ten countries, NFI offers the widest range of sustainable drive systems available, including zero-emission electric, natural gas, electric hybrid, and clean diesel.

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NFI 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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