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An announcement from DEOLEO S.A. ( (ES:OLE) ) is now available.
DEOLEO S.A. announced that its subsidiary, Deoleo Financial Limited, has signed a commitment letter with financial creditors to refinance its existing debt with a total of 160 million Euros divided into three tranches. The agreement aims to provide financial stability and support from shareholders, with the refinancing expected to close in the first quarter of 2025, ensuring continued backing from stakeholders.
More about DEOLEO S.A.
DEOLEO S.A. is a company based in Alcolea, Córdoba, with its shares listed on major Spanish stock exchanges. The company is involved in the production and distribution of olive oil and related products, focusing on maintaining a strong market presence in the food industry.
YTD Price Performance: 2.63%
Average Trading Volume: 1,325
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €98M
For a thorough assessment of OLE stock, go to TipRanks’ Stock Analysis page.
