Trupanion Secures New $120 Million Credit Facility with PNC Bank
Reuters
Nov 07
Trupanion Secures New $120 Million Credit Facility with PNC Bank
Trupanion Inc. has entered into a new three-year $120 million credit facility with PNC Bank, N.A., replacing its prior credit facility with a lower interest rate. The agreement enhances Trupanion's financial flexibility and supports its long-term growth initiatives by providing additional savings for strategic investments. The company's management highlighted that this new arrangement strengthens its capital structure and positions Trupanion for continued sustainable growth.
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