Curo Group Holdings Corp (CURO) has released an update to notify the public and investors about a regulation fd disclosure.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
After fears of non-compliance, the Company has confirmed adherence to its liquidity maintenance covenants as of January 31, 2024. A press release on February 8, 2024, marked the completion of a Consent Solicitation, leading to an amendment related to its debt facilities. Concurrently, the Company is negotiating a major financial restructuring with key lenders to bolster its balance sheet. These discussions are part of forward-looking statements that carry risks and uncertainties, and while they indicate potential future directions, they are not definitive guarantees of outcomes.
For further insights into CURO stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
