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Stingray Secures $500M Credit to Boost Flexibility
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Stingray Secures $500M Credit to Boost Flexibility

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Stingray Digit SV (TSE:RAY.A) has released an update.

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Stingray Group Inc. has successfully secured a $500 million revolving credit facility, extending it until December 2028 to boost financial flexibility for operations and mergers and acquisitions. This refinancing move, led by a coalition of major banks, positions Stingray to capitalize on market opportunities with enhanced liquidity.

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

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