High Liner Foods Announces Strategic Debt Refinancing
Company Announcements

High Liner Foods Announces Strategic Debt Refinancing

Story Highlights

High Liner Foods (TSE:HLF) has released an update.

High Liner Foods has refinanced its $240 million Term Loan B, achieving a significant interest rate reduction and extending the loan’s maturity by five years, which is expected to result in annual savings of approximately $1.4 million. This move aims to provide the company with greater financial flexibility and support its long-term growth and success in the North American seafood market.

For further insights into TSE:HLF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskHigh Liner Foods Reports Strong Q3 Earnings
Jason CarrHigh Liner Foods (HLF) Q3 Earnings Cheat Sheet
TipRanks Canadian Auto-Generated NewsdeskHigh Liner Foods Sees Robust Earnings Growth in Q2
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App