STAMFORD, Conn., May 5, 2020 /PRNewswire
Freepoint Commodities LLC today announced that it has closed a USD 2.565 billion revolving bank facility (the "Facility"). The Facility consists of a USD 1,667,250,000 three-year committed tranche and a USD 897,750,000 one-year uncommitted tranche. Additionally, the Facility has a USD 600 million accordion feature.
(PR Newswire, 2/12/2020)
Freepoint Commodities Launches Startup Accelerator to Fuel Innovation in Energy and Commodities
STAMFORD, Conn., Feb. 12, 2020 /PRNewswire
Freepoint Commodities LLC today announced the launch of its new startup accelerator, PointForward LLC.
PointForward will partner with early-stage companies focused on a range of offerings (such as trading, logistics, and technology) related to the energy and other commodity markets. Each team accepted into the Accelerator Program will receive up to $100,000 in funding and invaluable access to Freepoint's resources and mentors, in exchange for a small equity stake.
The New York Times:
Chinese Sell Fuel To U.S. Company
By Anthony J. Parisi
March 15, 1979