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HXPN gets commitments from OPUS for $500 million debt capital
By Marisa Wong
Los Angeles, Sept. 27 – HXPN, Inc. said it received a letter of commitment from OPUS AMDG, Inc. to raise $500 million of debt capital through a global note to be issued by OPUS.
HXPN will use the funds for the acquisition of multiple equity investments. The commitment by OPUS is subject to the execution of a service agreement, which HXPN is evaluating and expects to execute within the next 10 days.
The parties expect for the capital raise to be completed and fully funded by Dec. 31, subject to OPUS’ due diligence regarding HXPN and its planned investments.
HXPN is an emerging technologies and mineral resources development company based in Dallas.
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