Ibex Limited enters $75M credit facilities with HSBC, replacing $80M PNC facility

IBEX Ltd

$25M US secured revolving facility with HSBC Bank USA; SOFR+2% or ABR+1%.
$50M UAE committed revolving loan facility with HSBC Bank Middle East; 3-month SOFR+2%.
Existing $80M PNC Bank secured revolving facility terminated and repaid in full on Oct 29, 2024.
Proceeds to repay existing facility, fund working capital, and general corporate purposes.

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