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Cassava Liquid

Liquid Intelligent Technologies Announces Successful Pricing of New Senior Secured Notes Offering

Liquid Intelligent Technologies (“Liquid”),  is pleased to announce that it has successfully priced an offering (the “Offering”) of US$300 million aggregate principal amount of new US$-denominated senior secured notes due 2031 (“Notes”) at a fixed coupon of 10.750% per annum. The transaction which was oversubscribed two and half times, included anchor orders from certain development finance institutions, including DEG-Deutsche Investitions-und Entwicklungsgesellschaft mbH. The Offering is expected to close on April 14, 2026. As previously announced, the Offering forms part of a series of transactions that Liquid has undertaken with a view to refinancing its ... Read More