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IBEX Extends U.S. and UAE Credit Facilities to 2029 and Adds $1M Bond Line

IBEX logoIBEX
Sig1.88Sen+1.35Env0.00Soc0.00Gov+0.25

IBEX amended its secured $25 million U.S. revolver with HSBC, extending maturity to October 22, 2029, with specified renewal and unused-commitment fees. In the UAE, it extended credit facilities to the same date, kept a $50 million post-shipment seller revolver, added a $1 million performance bond line, maintained a $50,000 card facility, and set fees, alongside receivables security up to $58.905 million.

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