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-0.00107657112097966 -0.00228771363208184 0.000538285560489924 -0.000874714035795959 -0.00605571255551074 -0.00571928408020451 0.000336428475306226 0.00215314224195931
Stock impact report

Blue Tide Secures Upsized Revolving Credit Facility [Yahoo! Finance]

Texas Capital Bancshares, Inc. (TCBI) 
Last texas capital bancshares, inc. earnings: 4/22 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.texascapitalbank.com
Company Research Source: Yahoo! Finance
of Tailwater Capital LLC, today announced the successful upsizing of its revolving credit facility. Texas Capital led the transaction, with Origin Bank joining as a lending partner to support Blue Tide's expanded financial needs. Blue Tide Logo Blue Tide initially secured a facility with Texas Capital in April 2024 to support initial operations of its used motor oil ("UMO") processing unit and provide additional flexibility during construction of its hydrotreater. With base oil production now successfully underway in Baytown, Texas , the additional funding will support working capital and further expansion initiatives as Blue Tide shifts into full-scale operations. "This expanded credit facility reinforces Blue Tide's financial strength and positions us for continued growth across the continent," said Terry McHugh , CEO of Blue Tide. "Texas Capital has been a valued partner, and we're pleased to welcome Origin Bank as we enter our next phase. We're confident that this capital wi Show less Read more
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