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Rogers Sugar Launches $75 Million Debenture Offering

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Rogers Sugar Launches $75 Million Debenture Offering

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An update from Rogers Sugar ( (TSE:RSI) ) is now available.

Rogers Sugar Inc. announced a public offering of $75 million in convertible unsecured subordinated debentures, set to mature on June 30, 2030, with a 6% annual interest rate. This move, led by TD Securities Inc. and Scotiabank, aims to strengthen the company’s financial position and potentially enhance its market presence.

More about Rogers Sugar

Rogers Sugar Inc. operates in the food industry, focusing on producing and marketing sugar products. It is listed on the Toronto Stock Exchange under the symbol RSI.

YTD Price Performance: -5.91%

Average Trading Volume: 249,295

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$713.3M

For a thorough assessment of RSI stock, go to TipRanks’ Stock Analysis page.

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