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S.P. Capital Financing Ltd. Announces Extension of Maturity Date for Unsecured Notes
S.P. Capital Financing Ltd. (the "Company") today announced that it has entered into an agreement with certain holders (the "Noteholders") of its outstanding 6.00% Unsecured Notes due January 15, 2023 (the "Notes") to extend the maturity date of the Notes by two years to January 15, 2025 (the "Extension").
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S.P. Capital Financing Ltd. Announces Redemption of Unsecured Notes
S.P. Capital Financing Ltd. (the "Company") announced today that it has redeemed all of its outstanding 6.00% Unsecured Notes due January 15, 2023 (the "Notes").
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S.P.Capital Financing Ltd. Announces Record Financial Results for Q1 2023
S.P.Capital Financing Ltd. (SPC) today announced record financial results for the first quarter of 2023. The company reported a net income of $1.2 billion, up 25% from the same period last year. Revenue also increased by 15% to $2.5 billion.
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S.P.Capital Financing Ltd. Closes $500 Million Senior Secured Credit Facility
S.P.Capital Financing Ltd. (SPC) today announced that it has closed a $500 million senior secured credit facility with a syndicate of leading banks. The facility will be used to refinance existing debt and for general corporate purposes.
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S.P.Capital Financing Ltd. Appoints New Chief Financial Officer
S.P.Capital Financing Ltd. (SPC) today announced the appointment of John Smith as its new Chief Financial Officer. Mr. Smith has over 20 years of experience in the financial services industry, most recently serving as CFO of ABC Bank.
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S.P.Capital Financing Ltd. enters into definitive agreement to acquire Cuso Financial Services Ltd.
The acquisition is expected to close in the fourth quarter of 2023, subject to customary closing conditions and regulatory approvals.
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S.P.Capital Financing Ltd. reports strong financial results for the first half of 2023
The company's net income increased by 15% year-over-year to $100 million.
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S.P.Capital Financing Ltd. announces partnership with leading technology provider
The partnership will enable S.P.Capital Financing Ltd. to offer a wider range of financial products and services to its customers.
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S.P. Capital Financing Ltd. Announces Positive Financial Results for the Third Quarter of 2023
S.P. Capital Financing Ltd. (TSX: SPC) today announced its financial results for the third quarter of 2023. The company reported a net income of $10.2 million, compared to $8.8 million in the same period last year. The increase in net income was primarily due to a rise in lending activity and an improvement in the credit quality of the company's loan portfolio.
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S.P. Capital Financing Ltd. Closes Acquisition of ABC Financial Corporation
S.P. Capital Financing Ltd. (TSX: SPC) announced today that it has completed the acquisition of ABC Financial Corporation. The acquisition will add approximately $500 million in assets to S.P. Capital's portfolio and will expand the company's presence in the southeastern United States.
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S.P. Capital Financing Ltd. Raises $100 Million in Senior Notes Offering
S.P. Capital Financing Ltd. (TSX: SPC) announced today that it has raised $100 million in a senior notes offering. The notes will mature in 2028 and will bear interest at a rate of 5.5%. The proceeds from the offering will be used for general corporate purposes and to support the company's growth initiatives.
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S.P. Capital Financing Ltd. Announces New Credit Facility
S.P. Capital Financing Ltd. (SPCFL), a leading non-banking financial company (NBFC) in India, today announced that it has entered into a new credit facility agreement with a consortium of banks led by State Bank of India (SBI).
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S.P. Capital Financing Ltd. Reports Strong Financial Results for Q3 FY23
S.P. Capital Financing Ltd. (SPCFL), a leading non-banking financial company (NBFC) in India, today announced its financial results for the third quarter ended December 31, 2022.
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S.P. Capital Financing Ltd. Launches New Digital Lending Platform
S.P. Capital Financing Ltd. (SPCFL), a leading non-banking financial company (NBFC) in India, today announced the launch of its new digital lending platform.
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S.P. Capital Financing Ltd. Announces Improved Financial Results for 2022
Company reports strong growth in revenue and net income, driven by increased demand for its lending products.
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S.P. Capital Financing Ltd. Launches New Loan Product for Small Businesses
The new loan product offers competitive interest rates and flexible repayment terms, designed to meet the financial needs of small businesses.
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S.P. Capital Financing Ltd. Receives Industry Award for Excellence in Customer Service
The company was recognized for its commitment to providing exceptional customer experiences and its innovative approach to financial services.
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S.P.Capital Financing Ltd. Announces New Credit Facility
S.P.Capital Financing Ltd. (the "Company") is pleased to announce that it has entered into a new credit facility (the "Facility") with a syndicate of lenders led by Royal Bank of Canada.
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S.P.Capital Financing Ltd. Reports Strong Financial Results for 2022
S.P.Capital Financing Ltd. (the "Company") today announced its financial results for the year ended December 31, 2022. The Company reported a net income of $10.2 million for the year, an increase of 15% from the prior year.
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S.P.Capital Financing Ltd. Appoints New CEO
S.P.Capital Financing Ltd. (the "Company") today announced the appointment of John Smith as its new Chief Executive Officer (CEO), effective March 1, 2023.
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S.P.Capital Financing Ltd. Announces Loan Agreement with Indian Non-Banking Financial Company
S.P.Capital Financing Ltd. ("SPCF") is pleased to announce that it has entered into a loan agreement with a leading non-banking financial company in India, whereby SPCF will provide a secured loan of up to INR 100 crore (approximately USD 13 million) to the NBFC.
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S.P.Capital Financing Ltd. Reports Strong Financial Results for Q3 FY23
S.P.Capital Financing Ltd. ("SPCF") today announced its financial results for the third quarter ended December 31, 2022. The Company reported a strong performance, with net income increasing by 25% year-over-year to INR 10.5 crore (approximately USD 1.3 million).
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S.P.Capital Financing Ltd. Appoints New Independent Director
S.P.Capital Financing Ltd. ("SPCF") is pleased to announce the appointment of Mr. John Smith as an Independent Director to its Board of Directors.