ECI Seeking $1.1 Billion Private Loan

ECI, supported by Cerberus, is in discussions for a $1.1 billion private loan to support its strategic financial initiatives. The company's move reflects its efforts to secure substantial financial backing to facilitate its operations and developments. While the details of the loan and its potential impact remain to be seen, this strategic move by ECI, in collaboration with Cerberus, signals a significant development in the financial landscape.