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DEOLEO S.A. Completes Debt Refinancing to Strengthen Financial Position

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DEOLEO S.A. Completes Debt Refinancing to Strengthen Financial Position

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An announcement from DEOLEO S.A. ( (ES:OLE) ) is now available.

DEOLEO S.A. has announced the successful closing of a refinancing agreement with a group of financial creditors to restructure its existing financial debt. This move, involving a senior financing agreement, aims to strengthen the company’s financial position and support its subsidiary, Carapelli Firenze, S.p.A., in addressing an Italian Tax Contingency.

More about DEOLEO S.A.

DEOLEO S.A. is a company listed on the Madrid, Bilbao, Valencia, and Barcelona Stock Exchanges, primarily involved in the production and distribution of olive oil and related products. The company focuses on maintaining a strong market presence in the food industry, particularly in the olive oil sector.

YTD Price Performance: 1.58%

Average Trading Volume: 1,550

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €96M

For detailed information about OLE stock, go to TipRanks’ Stock Analysis page.

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