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Premium Brands ( (TSE:PBH) ) has issued an update.
Premium Brands Holdings Corporation has announced the filing of a final short form prospectus for a $150 million financing of convertible unsecured subordinated debentures. This financing, co-led by major financial institutions, includes an over-allotment option that could increase total proceeds to $172.5 million, potentially impacting the company’s financial flexibility and market positioning.
More about Premium Brands
Premium Brands Holdings Corporation is a leading producer, marketer, and distributor of branded specialty food products.
YTD Price Performance: -5.14%
Average Trading Volume: 75,457
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.5B
For detailed information about PBH stock, go to TipRanks’ Stock Analysis page.