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FatPipe refinances debt with USD 4.5 million KeyBank term loan
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FatPipe refinances debt with USD 4.5 million KeyBank term loan
  • FatPipe refinanced its Fortis Bank SBA loan through a USD 4.5 million secured term loan with KeyBank.
  • New pricing set at adjusted daily SOFR + 3.00%, versus Prime Rate + 1.00% previously.
  • Benchmark rates at refinancing imply about a 110-basis-point reduction in annual borrowing costs.
  • Term loan matures in October 2029.
  • Added a USD 1.5 million secured revolving credit facility for working capital, maturing in September 2027, priced at adjusted daily SOFR + 3.00%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FatPipe Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610071530ACCESSWRNAPR_____1234081) on October 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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