HSBC Innovation Banking provided a $40 million refinancing package in partnership with the Export and Investment Fund of Denmark to Keepit, a provider of software-as-a-service data protection.
Click Therapeutics, a provider of digital therapeutics as prescription medical treatments, closed on a $20 million term loan from HSBC Innovation Banking, a division of HSBC Bank USA. The term loan was partially drawn at closing, with the proceeds used to retire Click’s previous term loan.
HSBC Innovation Banking, a business division with services provided by HSBC Bank USA and its affiliates, expanded its venture debt offering in the U.S. to support companies from Series A through scaled multi-national enterprises.
ChargePoint, an electric vehicle charging network, entered a new credit agreement that provides for a $150 million revolving credit facility led by JPMorgan Chase Bank as administrative agent and joint lead arranger.