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Compagnia dei Caraibi S.p.A. ( (IT:TIME) ) has issued an announcement.
Compagnia dei Caraibi S.p.A. has announced amendments to its convertible bond loan issued in December 2024, which include changes to interest rates and repayment schedules. These amendments, approved by the Board of Directors and the Bondholders’ Meeting, are set to impact the company’s financial operations by temporarily adjusting interest rates and suspending repayments for specific quarters, potentially affecting stakeholders and the company’s market positioning.
More about Compagnia dei Caraibi S.p.A.
Compagnia dei Caraibi S.p.A. Società Benefit is a leading company in the importation, development, brand building, and distribution of premium and super-premium spirits, wines, and soft drinks, as well as Italian craft beers. Founded in 2008 and listed on the stock exchange since July 2021, the company operates in 51 countries with a direct presence in Italy, Spain, and the United States. It focuses on responsible business practices and has obtained B Corp® certification, emphasizing its commitment to environment, culture, people, and gender equality.
Average Trading Volume: 15,690
Technical Sentiment Signal: Sell
Current Market Cap: €4.85M
For detailed information about TIME stock, go to TipRanks’ Stock Analysis page.