Crown Capital’s Debenture Amendments and Default Waiver
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Crown Capital’s Debenture Amendments and Default Waiver

Story Highlights
  • Crown’s debenture holders approved amendments to extend maturity and raise interest rates.
  • Crown received a waiver for a past interest payment default, ensuring financial stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Crown Cap (TSE:CRWN) has released an update.

Crown Capital Partners announced that its debenture holders approved amendments to extend the maturity date and increase the interest rate of its unsecured subordinated debentures. The company also received a waiver for a previous interest payment default, ensuring continued stability in its financial operations.

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

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