Airboss of America (TSE:BOS) has released an update.
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AirBoss of America has secured new credit facilities totaling $180 million, replacing its previous credit arrangements. These new facilities will offer financial flexibility to support the company’s strategic transition, as it explores opportunities to enhance shareholder value through potential strategic divestitures and real estate asset monetization. The company remains focused on transforming into a global leader in custom rubber compounding and other industries it serves.
For further insights into TSE:BOS stock, check out TipRanks’ Stock Analysis page.
