Elanor Investors Group (AU:ENN) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Elanor Investors Group has refinanced its senior secured debt with an $85 million facility from Keyview Financial Group, allowing it to continue its asset realization program and stabilize its financial position. Despite this progress, the company faces challenges with its unsecured corporate notes, for which it is seeking revised terms. Elanor is also undergoing a strategic review to explore options for enhancing shareholder value, including potential business sales.
For further insights into AU:ENN stock, check out TipRanks’ Stock Analysis page.