Mogo Extends Maturity of $60 Million Credit Facility to 2026
Mogo Inc. - Common Shares (MOGO)
Company Research
Source: Business Wire
VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced an amendment to its existing senior credit facility (“Credit Facility”) with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The amendment extends the maturity date of the Credit Facility from July 2, 2025 to January 2, 2026.“We’re pleased to extend our relationship with Fortress which has been an excellent financial partner for our company over the past 10 years,” said Greg Feller, President & CFO. “This facility continues to give us the resources and flexibility we need for our digital lending product.”About MogoMogo Inc. (NASDAQ:MOGO; TSX:MOGO) is a digital wealth and payments company headquartered in Vancouver, Canada with more than 2 million members, $9.9B in annual payments volume and a ~13% equity stake in Canada’s leading Crypto Exchange WonderFi (TSX:WNDR). Mogo offers simple digital
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MOGO
Sec Filings
- 5/20/24 - Form 6-K
- 5/20/24 - Form 6-K
- 5/9/24 - Form 6-K
- MOGO's page on the SEC website