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SLANG Worldwide Navigates Receivership and Debt Extension

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SLANG Worldwide Navigates Receivership and Debt Extension

SLANG Worldwide (TSE:SLNG) has released an update.

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SLANG Worldwide has announced that some of its subsidiaries in Colorado have been placed into receivership, with Highline Financial Group appointed as the receiver. The company has also secured a conditional extension on its waiver and support agreement with its lenders, allowing more time to address outstanding debts under its credit agreement.

For further insights into TSE:SLNG stock, check out TipRanks’ Stock Analysis page.

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