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Stock impact report

Orion Group Holdings Positions for Growth with Closing of $120 Million Refinancing Transaction [Yahoo! Finance]

UMB Financial Corporation (UMBF) 
Last umb financial corporation earnings: 4/28 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: umbfinancial.com/investor-relations
Company Research Source: Yahoo! Finance
company, today announced that it has entered into a new, five-year $120 million Senior Credit Facility (the “Credit Facility”) with UMB Bank (“UMB”). “We are pleased to announce this refinancing, a key milestone in the Company's growth strategy. The new Credit Facility increases Orion's financial flexibility with expanded liquidity and greater borrowing capacity at a lower overall cost of capital. We look forward to our partnership with UMB as we position the Company to execute on our strategic growth priorities,” said Travis Boone, President and Chief Executive Officer of Orion. “UMB is honored to provide the Credit Facility to Orion that will help fuel its plans for future growth. Thriving businesses are essential to our communities, and we are thrilled to deliver the resources and access to capital to help them achieve their goals. I can't wait to see where the Orion team goes in this next phase of their business,” said Michael Garner, Regional President for Texas and Oklahoma Show less Read more
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