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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Post by ZouZS3on Nov 30, 2020 10:17pm
690 Views
Post# 32006865

History in the Making

History in the Making
THIS IS BIG! Today, I don't think the market reacted to this news! Xebec is sufficiently capitalized for the time being. BIG banks are eager to gain exposure and ready to lend money to Xebec big time! seeking to replace two of its credit facilities. 3 large banks have entered talks, and the new financing could be almost ten times larger than those existing. NEW DEAL in December. I guess that If they can get cheaper credit it means higher net income. The more you ask for the cheaper it is. Consolidating a total of $4.5 million. Bolstering its access to credit soon to roll out hydrogen refueling stations and onsite generation infrastructure im China.
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