Sinch signs new three-year loan agreement for $110 million

By Mary-Katherine Stinson

Lexington, Ky., Feb. 17 – Sinch AB (publ) signed a $110 million three-year loan agreement with lender Swedish Export Credit Corp. on Feb. 17, according to a press release Thursday.

The company stated the loan will strengthen its financial position and increase diversification of funding sources.

Stockholm, Sweden-based Sinch is a telecommunications and cloud communications platform as a service company specializing in customer engagement through mobile technology.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.