Extendicare (TSE:EXE) has released an update.
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Extendicare Inc. has secured a new $275 million senior secured credit facility with Canadian banks to enhance its financial flexibility and support growth in its home health care and managed services sectors. This facility includes a $145 million revolving credit and a $130 million term loan to replace existing debt and fund future initiatives.
For further insights into TSE:EXE stock, check out TipRanks’ Stock Analysis page.
