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Collins Foods ( (AU:CKF) ) has shared an update.
Collins Foods Limited has successfully negotiated a refinancing of its syndicated debt facilities, transitioning from existing facilities of $180 million and €145 million to new revolving facilities amounting to $120 million and €200 million. This refinancing, with maturities extending to 2028 and 2030, underscores the company’s strong banking relationships and credit quality, and is expected to support its strategic growth plans in Australia and internationally.
The most recent analyst rating on (AU:CKF) stock is a Buy with a A$12.20 price target. To see the full list of analyst forecasts on Collins Foods stock, see the AU:CKF Stock Forecast page.
More about Collins Foods
Collins Foods Limited operates in the food service industry, primarily focusing on the management and operation of fast-food restaurants. The company is known for its franchise operations, which include popular brands such as KFC and Taco Bell, with a market focus on both domestic and international growth.
Average Trading Volume: 473,242
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.25B
See more insights into CKF stock on TipRanks’ Stock Analysis page.