Ledn and Sygnum Refinance $50M Bitcoin Loan Amid Investor Demand

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Ledn refinanced its $50 million Bitcoin loan with Swiss crypto bank Sygnum, the companies confirmed on Wednesday. The facility, which matches Ledn’s 2024 syndicated loan, was twice oversubscribed. An oversubscribed loan means investors requested more than the available allocation. This often results in reduced participation for some investors, or the possibility of a loan increase. […]

The post Ledn and Sygnum Refinance $50M Bitcoin Loan Amid Investor Demand appeared first on CoinChapter.

5M ago•

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