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Kellanova ( (K) ) has shared an update.
Kellanova, a Delaware corporation, has entered into a new unsecured 364-Day Credit Facility with a consortium of major banks, allowing it to borrow up to $750 million. This agreement replaces an existing facility and includes customary financial covenants and events of default. The move is expected to enhance the company’s financial flexibility and maintain its strong market positioning, with no borrowings outstanding under the new arrangement at the time of the announcement.
More about Kellanova
YTD Price Performance: 49.14%
Average Trading Volume: 1,931,057
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $27.8B
See more data about K stock on TipRanks’ Stock Analysis page.
