Market News / Story
FatPipe (NASDAQ: FATN) Refinances Existing Debt and Reduces Borrowing Costs
ACCESS Newswire ·
ACCESS Newswire reports: SALT LAKE CITY, UT / ACCESS Newswire / October 7, 2026 / FatPipe, Inc. , a provider of enterprise networking and cybersecurity solutions, today announced the refinancing of its existing Fortis Bank SBA loan through a $4.5 million secured term loan with KeyBank National Association. The Company also established a $1.5 million secured revolving line of credit for working capital. The new term loan bears interest at adjusted daily SOFR plus 3.00%, compared with Prime…