Danimer scientific announces $20 million asset-based revolving credit facility

Bainbridge, ga.--(business wire)--danimer scientific, inc. (nyse: dnmr) (the “company” or “danimer scientific”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today, that on april 19, 2024, it entered into an asset-based revolving credit and security agreement with mountain ridge capital secured primarily by the company's accounts receivable and inventory. the credit and security agreement provides for borrowings un.
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