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Accord Financial ( (TSE:ACD) ) just unveiled an update.
Accord Financial has secured strong debtholder support to amend its 10% unsecured subordinated debentures, extending their maturity from January 31, 2026 to July 31, 2026 and raising the interest rate to 12% from January 31, 2026, resulting in 13 months of accrued interest at blended rates. Similar changes were approved for its unlisted Series B debentures, giving the company breathing room as it pursues a refinancing of its debt, including a non-binding agreement to sell a majority of the loans of Accord Financial, Inc. and ongoing talks to refinance its senior credit facility due February 27, 2026, a process that is critical to its capital structure and of material importance to debentureholders and other creditors.
The most recent analyst rating on (TSE:ACD) stock is a Sell with a C$1.50 price target. To see the full list of analyst forecasts on Accord Financial stock, see the TSE:ACD Stock Forecast page.
Spark’s Take on TSE:ACD Stock
According to Spark, TipRanks’ AI Analyst, TSE:ACD is a Underperform.
The score is driven primarily by pressured financial performance (revenue decline, net losses, negative cash flow) and elevated leverage, which heighten risk. Technicals add further weakness with a clear downtrend and negative MACD. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is provided.
To see Spark’s full report on TSE:ACD stock, click here.
More about Accord Financial
Accord Financial Corp. is a North American commercial finance company that provides fast, flexible funding solutions to small and medium-sized businesses. Its product suite includes asset-based lending, factoring, inventory and equipment finance, trade finance, and film/media finance, with a focus on crafting tailored financing structures that support clients’ growth and liquidity needs.
Average Trading Volume: 5,785
Technical Sentiment Signal: Sell
Current Market Cap: C$14.72M
Learn more about ACD stock on TipRanks’ Stock Analysis page.