Gradiant Secures US$50 Mln Credit Facility From HSBC To Expand Global Water Solutions 

KUALA LUMPUR, Oct 17 (Bernama) -- Gradiant, a global provider of advanced water and wastewater solutions, has secured a US$50 million corporate credit facility from HSBC, bringing its total credit lines to over US$100 million. (US$1=RM4.21)

The new financing underscores Gradiant’s financial strength and supports its continued expansion of sustainable water solutions worldwide.

Gradiant co-founder and chief executive officer, Anurag Bajpayee said the financing reflected the company’s financial maturity and the confidence global lenders have in its performance and profitability.

“Working with HSBC enhances our ability to deliver mission-critical water solutions to our industrial customers,” he said in a statement.

Meanwhile, its chief financial officer, Ananth Padmanabhan said the latest financing would strengthen the company’s balance sheet and liquidity as it expands its project delivery globally.

Structured as a corporate revolving credit facility, the HSBC line will support Gradiant’s working capital requirements in the United States (US) and provide flexible, on-demand liquidity to execute projects for its blue-chip North American customers.

The company’s credit facilities were secured at single-digit interest rates, demonstrating its robust credit profile and strong backing from institutional investors.

Gradiant sources financing directly with lending partners rather than through intermediaries, ensuring alignment between its financial strategy and long-term mission.

With operations in over 90 countries, Gradiant will use the HSBC facility to bolster US projects, while other credit lines will support global expansion, particularly in the Indo-Pacific and Middle East regions.

-- BERNAMA