Mullen Group Ltd. (TSE:MTL) 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
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.
