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-5.12689054088229E-05 0.000769033581133072 -5.12689054088229E-05 0.000769033581133072 0.00138426044603953 0.00138426044603953 0.00138426044603953 0.00138426044603953
Stock impact report

Kilo Fund Management Announces New Asset-Based Lending Facility

East West Bancorp, Inc. (EWBC) 
Last east west bancorp, inc. earnings: 4/23 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: eastwestbank.com
Company Research Source: Business Wire
Expanded ABL Facility Supports Company’s Continued Growth CHARLOTTE, N.C.--(BUSINESS WIRE)--Kilo Fund Management, a specialty provider of commodity inventory finance to North American middle-market companies, announced the extension of its $50 million asset-backed senior secured revolving credit facility (the “ABL”). The renewed commitment enhances Kilo’s ability to deliver tailored commodity finance solutions to industrial and wholesale users of metals, food and agricultural commodities, and energy inventories.In 2019, Kilo launched a dedicated platform to provide innovative metal financing solutions to U.S. businesses. Backed by Cordillera Investment Partners, a firm specializing in niche, non-correlated assets, Kilo has become a key resource for companies seeking customized financing solutions.East West Bank, a leader in structured finance, led the transaction and extended the maturity date to December 13, 2028, reaffirming its commitment to Kilo.“Kilo Capital is a dynamic and w Show less Read more
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