Jushi Holdings (TSE:JUSH) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Jushi Holdings Inc. has successfully refinanced its existing debt, significantly improving its capital structure by securing a US$48.5 million Term Loan with no debt maturities until 2026. This strategic move enhances the company’s balance sheet and demonstrates its commitment to reducing leverage and securing favorable capital amidst challenging credit conditions. The refinancing attracted new institutional lenders, reflecting confidence in Jushi’s operational strength and asset portfolio.
For further insights into TSE:JUSH stock, check out TipRanks’ Stock Analysis page.
