Sagicor Financial (TSE:SFC) has released an update.
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Sagicor Financial has successfully closed a C$200 million term loan refinancing with major Canadian and U.S. banks, primarily to repay a previous loan used for an acquisition. This move is expected to save the company over US$12 million in annual interest costs, strengthening its financial position.
For further insights into TSE:SFC stock, check out TipRanks’ Stock Analysis page.