Del Monte Pacific (SG:D03) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.