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Corus Entertainment ( ($TSE:CJR.B) ) has shared an update.
Corus Entertainment Inc. has successfully amended its credit agreement, extending the maturity date to March 20, 2027, and increasing its revolving credit limit to $75 million. This strategic move, supported by key debt investors, aims to enhance the company’s financial sustainability and adaptability in the face of ongoing industry changes.
More about Corus Entertainment
Corus Entertainment Inc. operates in the media and entertainment industry, providing Canadians with television shows, news, and audio content. The company focuses on delivering engaging content to its audience while navigating industry shifts and challenges.
YTD Price Performance: -18.57%
Average Trading Volume: 17,564
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.22M
See more insights into CJR.B stock on TipRanks’ Stock Analysis page.