trending Market Intelligence /marketintelligence/en/news-insights/trending/3ov3qzx5dny7_bp9gjch3w2 content esgSubNav
In This List

Mr. Amazing Loans subsidiary secures $20M debt facility

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Mr. Amazing Loans subsidiary secures $20M debt facility

Mr. Amazing Loans Corp. subsidiary MRAL Blockchain LLC secured a $20 million debt facility from Singapore-based Investment Evolution Coin Ltd., which is owned by Mr. Amazing President, CEO and CFO Paul Mathieson.

The facility is a five-year revolving line of credit with a 12% annual interest rate and a maturity date of June 7, 2023.

Investment Evolution Coin also purchased 360,000 shares of Mr. Amazing Loans' series H preferred stock for $360,000.