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O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support San Francisco Equity Partners in its Acquisition of Formula Corp

1. OSBC's O2 Sponsor Finance provided credit facilities to SFEP for acquiring Formula Corp. 2. This investment supports OSBC’s growth in the cleaning products market.

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$18.3609/08 12:07 PM EDTEvent Start

$18.5209/09 02:38 AM EDTLatest Updated
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FAQ

Why Bullish?

The involvement of OSBC in financing means enhanced revenue potential through deal facilitation. Similar past engagements showing successful borrower growth often uplifted OSBC's valuation positively.

How important is it?

The credit facility enhances OSBC's role in a burgeoning market, indicating growth opportunity, though further details are required to evaluate overall financial impact.

Why Long Term?

The strategic financing aligns OSBC with a growing industry, potentially providing sustained revenue over time, reminiscent of past successful sector investments.

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CHICAGO, IL / ACCESS Newswire / September 8, 2025 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it provided senior secured credit facilities to support San Francisco Equity Partners ("SFEP") in its majority investment in Formula Corp - a leading formulator and contract manufacturer of cleaning products. Founded in 1983, Formula Corp is an innovative manufacturer of custom blended cleaning products for both consumer and professional end markets.

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