Mullen Group Ltd. Boosts Finances with Notes and Credit
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Mullen Group Ltd. Boosts Finances with Notes and Credit

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Mullen Group Ltd. (TSE:MTL) has released an update.

Mullen Group Ltd. has successfully completed a private placement of senior secured notes, raising approximately CAD$400 million to repay existing debt and for corporate purposes. Alongside, the company has also renegotiated its bank credit facilities, increasing its total borrowing capacity to CAD$525 million with improved terms.

For further insights into TSE:MTL stock, check out TipRanks’ Stock Analysis page.

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