USA: Frisby Secures $600,000 Credit Facility
The developer of the world's leading brand of dynamic climate control materials, Frisby Technologies Inc, on Wednesday announced it had obtained a revolving credit facility of up to $600,000.
The North Carolina-based developer of ComforTemp said in a statement the financing was provided in equal parts by two current stockholders of the company, MUSI Investments SA of Luxembourg and Finpart International SA.