Itafos (TSE:IFOS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Itafos Inc. has amended and extended its credit facilities, enhancing financial flexibility and liquidity to support the H1/NDR project and extend the life of the Conda mine through 2037. The terms include upsizing the term loan to $100 million with a reduced letter of credit facility and lower annual amortization, alongside amendments to the asset-based lending agreement offering additional borrowing capacity.
For further insights into TSE:IFOS stock, check out TipRanks’ Stock Analysis page.
