Borealis Foods Announces $17.0 Million Refinancing Transaction with Oxus Capital to Repay Frontwell Facility and Support Operations
Borealis Foods Inc. announced a $17 million term loan refinancing with Oxus Capital, replacing its previous credit agreement with Frontwell Capital. The refinancing improves the company's financial flexibility, terminates prior forbearance arrangements, and supports ongoing operations. The loan carries a 12% interest rate, matures in 2031, and allo…