tiprankstipranks
Trending News
More News >

AutoCanada Secures Credit Facility Amendment

Story Highlights
AutoCanada Secures Credit Facility Amendment

AutoCanada (TSE:ACQ) has released an update.

Confident Investing Starts Here:

AutoCanada, a leader in Canadian automotive retail, has successfully amended its credit facility with The Bank of Nova Scotia and other lenders to include a CAD $35 million add-back for one-time expenses. This move is part of the company’s financial strategy to manage specific costs, including a USD $20 million provision for FTC settlement expenses.

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

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