E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers S > Headlines for Sunbit > News item
Published on 1/23/2024 in the Prospect News Bank Loan Daily and Prospect News Private Placement Daily.

Sunbit closes $310 million debt warehouse facility via Citi, Ares

By Marisa Wong

Los Angeles, Jan. 23 – Sunbit said it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds.

The company will leverage the funds to meet consumer demand for its buy now, pay later product and the next-gen, no-fee Sunbit card, according to a press release.

Sunbit is a financial technology company based in Los Angeles.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.