Hadrian secures $360m for factory expansion

Hadrian secures $360m for factory expansion

Hadrian has secured a US$360 million revolving credit facility to fund machinery, manufacturing infrastructure, and related hardware as it expands a highly automated US factory network serving aerospace and defence customers. The debt package follows a US$1.37 billion Series D equity raise announced a week earlier, which valued the company at US$7.87 billion. The two transactions give Hadrian substantial access to capital for a growth strategy t…