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NextPoint gets new $200 million revolving credit facility
By Taylor Fox
New York, Feb. 22 – NextPoint Acquisition Corp. obtained a commitment for a new $200 million revolving credit facility, according to a news release.
Advances from the facility may be used for NextPoint’s general corporate purposes, including to fund the Liberty Tax and LoanMe cash purchase prices and potential future acquisitions.
NextPoint is a special purpose acquisition company based in Vancouver, B.C.
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