BRC Specialty Finance Provides $20 Million Senior Secured Term Loan Supporting AI-Driven HPC Data Center Infrastructure Provider
BRC Specialty Finance, a lending platform of BRC Group Holdings (RILY), announced it has assumed a $20 million advance on a $100 million senior secured term loan facility. The facility was originally originated by Bit Digital (BTBT) for Enovum NC-1 Venture LLC, a subsidiary of WhiteFiber (WYFI), to support the buildout of an AI-driven HPC data center in North Carolina.
Key figures
- Total facility size
- 100000000
- Loan advance assumed
- 20000000
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