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Premium Brands ( (TSE:PBH) ) just unveiled an update.
Premium Brands Holdings Corporation has announced a $150 million financing deal through the issuance of convertible unsecured subordinated debentures. The proceeds will be used to repay existing debt, fund future acquisitions, and support capital projects, enhancing the company’s financial flexibility and strategic growth opportunities.
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: 73,997
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.41B
For a thorough assessment of PBH stock, go to TipRanks’ Stock Analysis page.