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Hampton Financial Completes $1.27M Debenture Placement

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Hampton Financial Completes $1.27M Debenture Placement

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Hampton Financial ( (TSE:HFC) ) has shared an announcement.

Hampton Financial Corporation has completed a non-brokered private placement of debentures totaling $1,267,000, which will mature in five years and bear an annual interest rate of 10.5%. The funds raised will be utilized for working capital and general corporate purposes, potentially enhancing the company’s operational capacity and market positioning.

More about Hampton Financial

Hampton Financial Corporation is a private equity firm focused on building shareholder value through strategic investments. It operates through its subsidiary, Hampton Securities Limited, providing services in family office, wealth management, institutional services, and capital markets. Additionally, it offers investment banking services and commercial financing through its subsidiary, Oxygen Working Capital.

YTD Price Performance: -8.31%

Average Trading Volume: 5,300

Technical Sentiment Signal: Buy

Current Market Cap: C$21.83M

For detailed information about HFC stock, go to TipRanks’ Stock Analysis page.

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