Del Monte Pacific (SG:D03) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Del Monte Pacific Limited’s U.S. subsidiary has secured a new $210 million term loan facility to bolster liquidity and operational funding, allowing for enhanced financial flexibility and strategic growth potential. This financial move, set to mature in August 2028, also includes the possibility of an additional $30 million under certain conditions, aimed at propelling the company’s profitability amid expected market improvements in the U.S.
For further insights into SG:D03 stock, check out TipRanks’ Stock Analysis page.