Mount Logan Capital (TSE:MLC) has released an update.
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Mount Logan Capital Inc. has expanded its credit facility by $13 million to support future growth and investment in its key business segments, asset management, and insurance. The amendment also introduces a pricing step-down mechanism to reduce the company’s cost of debt as performance improves. This strategic move enhances Mount Logan’s liquidity and provides additional flexibility for its business initiatives.
For further insights into TSE:MLC stock, check out TipRanks’ Stock Analysis page.
