Mitchell announced the closing of a $70 million senior secured first lien term loan. The term loan is an add-on under Mitchell’s existing Credit Agreement.
Mitchell expects to use the proceeds of the term loan to pay down its revolver and to invest in technologies and companies that drive better outcomes in the markets it serves.
“We are thrilled that investors continue to show confidence in us,” said Alex Sun, CEO of Mitchell. “Our ability to attract capital allows Mitchell to deliver on our mission to achieve better outcomes for our clients. We look forward to expanding and enhancing our
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