PureCycle Announces Sale of Approximately $30 Million in Revenue Bonds
PureCycle Technologies, Inc. (Nasdaq:PCT), today, announced through a series of transactions the sale of certain Southern Ohio Port Authority Tax-Exempt Facility Revenue Bonds. The Company sold approximately $30 million in aggregate par value at a price of $880 per $1,000 of face value, to a number of investors, including Duquesne Family Office LLC. PureCycle received approximately $27 million in gross proceeds. The capital raised is expected to...
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