Boxed Announces New $45 Million Secured Credit Facility Provided by Funds and Accounts Managed by BlackRock
August 05, 2021 at 08:00 am EDT
Seven Oaks Acquisition Corp. announced that it has entered into a new $45 million secured credit facility provided by funds and accounts managed by BlackRock. The New Credit Facility will mature on August 4, 2025, and is secured by all of the assets of Boxed and its subsidiaries, subject to customary exceptions.