Tidewater Midstream and Infrastructure (TSE:TWM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Tidewater Midstream and Infrastructure Ltd. has announced that its affiliate, Tidewater Renewables, has secured a short-term extension on its credit facilities, giving both entities more time to finalize their proposed transaction. The extension affects a $175 million first lien senior credit facility and a $25 million second lien term debt facility, now extended to September 18, 2024. This strategic move aims to support the growth and shareholder value in the North American energy market.
For further insights into TSE:TWM stock, check out TipRanks’ Stock Analysis page.
