tiprankstipranks
Stingray Secures $500M Credit to Boost Flexibility
Company Announcements

Stingray Secures $500M Credit to Boost Flexibility

Story Highlights

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

Pick the best stocks and maximize your portfolio:

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.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskStingray and K2 Launch EarthDay 365 Channel
TipRanks Canadian Auto-Generated NewsdeskStingray Expands Streaming Channels on Xfinity
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App