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High Liner Foods Announces Strategic Debt Refinancing

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High Liner Foods Announces Strategic Debt Refinancing

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

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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.

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