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PureCycle Provides Corporate Update; Reached Agreement On Sale Of $22.5M Notional Amount Of Its Southern Ohio Port Authority Revenue Bonds

Author: Benzinga Newsdesk | August 08, 2024 07:58am

On August 7, PureCycle reached an agreement on the sale of $22.5 million notional amount of its Southern Ohio Port Authority Revenue Bonds that will provide cash proceeds of $18.0 million.

PureCycle ended the second quarter of fiscal 2024 with approximately $10.9 million of unrestricted cash.

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