Surden Financial, a global process of execution, liquidation and multi -property liquidity provider, announced today a renewed credit facility of $ 100 million (RCF) organized and coordinated by ING Bank.
The RCF is equally supported by Barclays Bank, China Construction Bank, DBS Bank and Ing Bank.
The RCF provides Sucden Financial with improved economic flexibility to achieve strategic initiatives and seek its disciplined strategy for organic development. It is based on a powerful balance sheet with over $ 240 million on total net assets at the end of the year in 2024, other pre -existing funding lines and continuing the support of the Surdden team.
Marc Bailey, CEO of Sucden Financial, commented:
“This facility is a powerful approval of Sucden Financial and reflects the growing scale and diversity of our business.