PureCycle Technologies (PCT) said Tuesday it has sold around $30 million of a number of Southern Ohio Port Authority facility revenue bonds, at $880 per $1,000 of face value, for gross proceeds of about $27 million.
The bonds were sold to a number of investors, including Duquesne Family Office, the company said.
PureCycle said it plans to use the proceeds to help with its efforts to debut its dissolution recycling process on the market.
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