MBC Funding II Completes Redemption of Senior Notes
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MBC Funding II, a subsidiary of Manhattan Bridge Capital, completed the redemption of $6 million in 6.00% Senior Secured Notes on December 15, 2025, marking a significant financial restructuring. The company also secured a $10 million line of credit from Valley National Bank. Analysts rate Manhattan Bridge Capital stock as a Buy with a $5.50 price target, noting strong financial performance and attractive valuation, despite bearish technical indicators and potential liquidity issues.
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