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Maxeon Solar Technologies ( (MAXN) ) has shared an update.
On January 26, 2025, Maxeon Solar Technologies announced amendments to its Super Senior, Senior, and Junior Notes, including a significant financial restructuring. The amendments allow the company to proceed with the proposed disposition of its shares in SunPower Philippines Manufacturing Ltd. to Lumetech Pte Ltd, an affiliate of Zhonghuan Singapore Investment and Development. This move is expected to impact its financial commitments and strategic positioning within the industry by releasing certain guarantees and altering interest rates on its debt securities.
More about Maxeon Solar Technologies
Maxeon Solar Technologies operates in the solar industry, specializing in the production of solar panels and energy solutions. The company is headquartered in Singapore and focuses on developing advanced solar technologies to serve global markets.
YTD Price Performance: -23.56%
Average Trading Volume: 1,340,323
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $99.23M
Find detailed analytics on MAXN stock on TipRanks’ Stock Analysis page.
