Halcyon Agri Corp. Ltd. (SG:5VJ) 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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Halcyon Agri Corp. Ltd. has successfully obtained a $40 million revolving credit facility from Coöperatieve Rabobank, contingent on ownership stakes by major shareholders. The deal has stipulations that require immediate repayment if certain ownership thresholds by key investors are not maintained. As of now, all conditions for the facility have been met and the funds have been drawn down, yet investors are advised to trade cautiously.
For further insights into SG:5VJ stock, check out TipRanks’ Stock Analysis page.