Tech VC Molten Ventures reveals new £180m debt facility

Quick Summary:

Technology-focused venture capital firm Molten Ventures has agreed a new £180 million debt facility.

Morgan Chase Bank and HSBC Innovation Banking.

Taken together, all of this demonstrates why we have confidence in our net asset value and we look forward to providing further updates to our shareholders.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United Kingdom

Topics: Drawn Value Capital Facility Debt Loan Molten Year Taken Current Term

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 08:20:04 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 260 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 21782185

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