Corus Entertainment (TSE:CJR.B) has released an update.
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Corus Entertainment has amended its credit agreement, allowing for an increased Total Debt to Cash Flow Ratio and the ability to request more advances, signaling a strategic move to bolster its balance sheet and manage liabilities. This amendment is part of Corus’ broader plan to maintain its robust position in the Canadian broadcast industry and continue delivering premium content nationwide.
For further insights into TSE:CJR.B stock, check out TipRanks’ Stock Analysis page.
