Heritage Global enters USD 10 million revolving credit facility with C3bank

Bitget2026/09/22 20:00

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Heritage Global entered a new credit facility with C3bank on Sept. 16, 2026, setting up a USD 10 million revolving line of credit.
Borrowings limited to business operations; facility matures on Jan. 16, 2028.
Variable rate set at Wall Street Journal prime rate + 1% with a 7.5% annual floor.
Requires an annual unused line fee, payable quarterly, starting Sept. 16, 2026.
Secured by liens on certain assets, including inventory, accounts, equipment, general intangibles, and pledged subsidiary equity.

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. Heritage Global 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: 0001193125-26-397864), on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Heritage Global enters USD 10 million revolving credit facility with C3bank

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