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BRIEF-Callidus announces new securitization facility

Published 2016-07-18, 10:04 a/m
© Reuters.  BRIEF-Callidus announces new securitization facility
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July 18 (Reuters) - Callidus Capital Corp CBL.TO :

* Received provisional investment grade ratings for loans to be issued through a new securitization facility

* Facility is expected to be initiated at $165 million and will augment Callidus' existing facilities

* Proceeds will be used to partially repay outstanding amounts under existing facilities, which are expected to largely remain in place

* Callidus Capital announces new securitization facility Source text for Eikon: ID:nCNWDZH6fa Further company coverage: CBL.TO

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