LeddarTech Adjusts Financing Terms with Desjardins

LeddarTech Holdings (LDTC) has released an update.

LeddarTech Holdings Inc. has entered into an eleventh amendment agreement with its lender, FÉdÉration des Caisses Desjardins du QuÉbec, to modify the terms of its financing offer. Key changes include postponing interest payments and fees, and adjusting the minimum cash requirements set by the original covenant. This amendment aims to provide financial flexibility for the borrower, emphasizing a strategic adjustment of fiscal obligations.

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