High Liner Foods (TSE:HLF) 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.
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.