BCI Minerals Limited has achieved a pivotal milestone in its Mardie Salt and Potash Project, successfully attaining financial closure for an AUD 981 million syndicated facility agreement (SFA) aimed at funding the salt-first phase of the Mardie Project. This substantial financial package, which underpins a project now over 50% complete, is backed by prominent financial […]
WorkJam, the leading digital platform for frontline workforce management, has announced a significant $20 million investment from Export Development Canada (EDC). This move marks a pivotal moment for the company and could have far-reaching implications for the global workforce. Investment to Propel International Growth WorkJam’s latest funding round, bolstered by the $20 million investment from […]
In what is being hailed as a landmark achievement in its ongoing financial restructuring efforts, SpiceJet, one of India’s leading airlines, has entered into a significant settlement agreement with Export Development Canada (EDC). This agreement marks a pivotal moment for SpiceJet, enabling the airline to clear substantial liabilities and embark on a path toward a […]
IIFL Finance, an Indian non-banking financial company (NBFC), has secured long-term joint funding of $100 million from Deutsche Bank and Export Development Canada (EDC). IIFL Finance, which is backed by Fairfax, has obtained a sum of $50 million through Export Development Canada and $50 million from Deutsche Bank. The transaction was arranged under the auspices […]
Equisoft, a global insurtech company, has acquired Altus, a UK-based investment and pension management solutions provider, for an undisclosed price. According to Equisoft, the product suite and deep market penetration of Altus adds to its product portfolio and grows its footprint within the financial services sector with a transaction platform for pension administrators as well […]