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Borealis Foods signs $17 million term loan facility with Oxus Capital

PUBT·04/28/2026 20:44:33
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Borealis Foods signs $17 million term loan facility with Oxus Capital
  • Borealis Foods subsidiaries entered into a $17 million term loan facility with Oxus Capital to refinance debt.
  • Proceeds repaid outstanding obligations under credit agreement with Frontwell Capital Partners.
  • Term Loan carries 12% annual interest, matures April 27, 2031.
  • Facility provides for no cash interest in first 12 months; accrued interest may be converted into common shares at Oxus election.
  • Credit agreement requires appointment of two Oxus board designees by May 11, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Borealis Foods Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-048551), on April 28, 2026, and is solely responsible for the information contained therein.