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Obra Capital

Obra Capital

Obra Capital is an investment firm specializing in insurance special situations, structured credit, asset-based finance, and longevity.

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Contents

obra.com/article/obra-capital-announces-credit-facility-refinancing-and-access-to-growth-capital
obra.com
Is a
Funding round
Funding round
Company
Company
Organization
Organization

Company attributes

Industry
Financial services
Financial services
Insurance
Insurance
Asset management
Asset management
Location
Austin, Texas
Austin, Texas
B2X
B2B
B2B
CEO
‌
Blair Wallace
Number of Employees (Ranges)
51 – 200
Email Address
investorservices@obra.com
Phone Number
+15129618265
Investors
Aquarian Holdings
Aquarian Holdings
RedBird Capital
RedBird Capital
Also Known As
Obra Capital August 2024 Debit Financing Funding Round

Funding Round attributes

Funding Type
Debt funding
Debt funding
Investment
RedBird Capital
RedBird Capital
Aquarian Holdings
Aquarian Holdings
Announcement URL
obra.com/article/ob...wth-capital
Funding Round Date
August 22, 2024

Obra Capital, a prominent player in the investment and finance sector, has recently disclosed significant developments concerning its financial structure. The company has successfully completed a refinancing of its credit facility, coupled with securing new growth capital. This strategic move underscores Obra Capital’s commitment to bolstering its financial stability and expanding its operational capacity.

According to the press release, Obra Capital has refinanced its existing credit facility, a crucial step aimed at optimizing the company’s debt profile. The refinancing is expected to enhance the company's financial flexibility, allowing it to better manage its capital and pursue new opportunities. The specifics of the refinancing deal, including the terms and conditions, were not disclosed in the release. However, the move is a critical component of Obra Capital's broader strategy to strengthen its financial footing.

In addition to the refinancing, Obra Capital has also secured access to new growth capital. This injection of funds is intended to support the company’s expansion efforts and accelerate its growth trajectory. The press release highlights that the growth capital will be utilized to fund strategic initiatives, although specific projects or areas of focus were not detailed. The availability of these funds positions Obra Capital to enhance its market presence and capitalize on emerging opportunities in the investment sector.

The release emphasizes that the refinancing and the new growth capital are integral to Obra Capital’s long-term vision. The company's leadership has expressed confidence that these financial maneuvers will provide the necessary resources to drive future growth and innovation. While the press release does not provide direct quotes from company executives, it is evident that the management views these developments as pivotal to the company's ongoing success.

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Funding Rounds

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