tiprankstipranks
Company Announcements

Arcadium Lithium Secures $200 Million Loan for Expansion

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh ( (AU:LTM) ) just unveiled an announcement.

Arcadium Lithium Plc has entered into a $200 million Term Loan Credit Agreement with Rio Tinto Finance plc, which will provide the company with a first lien secured term loan facility. The loan, due in 2027, will be used for capital expenditures and offers flexible prepayment options, aligning with Arcadium’s strategic financial management to support its growth objectives.

More about Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh

YTD Price Performance: 12.32%

Average Trading Volume: 1,396,783

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$9.89B

Learn more about LTM stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App