Long Ridge deal debt and Barclays bridge backstop
Company: Marathon Digital
The claim, verbatim
The Long Ridge transaction involves at least $785 million of debt and a bridge-loan backstop from Barclays.
Source (primary)
FERC Clears MARA Holdings’ $1.5 Billion Long Ridge Acquisition - Securities.io (-, news_article)
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Quote: “The transaction details specify at least $785 million of debt and a bridge-loan backstop from Barclays.”
How we checked this
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Additional evidence
confirms FERC Clears MARA Holdings’ $1.5 Billion Long Ridge Acquisition - Securities.io
Quote: “The transaction details specify at least $785 million of debt and a bridge-loan backstop from Barclays.”