Barcelona-based room rental company Badi has garnered $7.5 million in a combination of equity and debt financing to buoy its business operations amidst financial hardship. Barlon Capital has injected $5 million of equity, while Banco Stander contributed a $2 million loan. This financial maneuver arrives just as Badi was teetering on the brink of bankruptcy, suggesting that these funds are likely imperative for its survival. Badi, which operates within the competitive room rental sector, has faced significant financial headwinds that have necessitated this critical capital raise.
Real Estate, Financial Services,Spain, United States
https://aimgroup.com/2024/06/10/spain-based-badi-raises-7-5m-in-equity-and-debt/