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South Bow Corp ( (TSE:SOBO) ) has shared an update.
South Bow Corp has announced an extension of the expiration date for its exchange offers related to certain outstanding notes of its subsidiaries, South Bow Canadian Infrastructure Holdings Ltd. and South Bow USA Infrastructure Holdings LLC. The extension provides note holders additional time to exchange their existing notes for new ones under the same terms, potentially impacting the company’s financial structuring and stakeholder decisions.
The most recent analyst rating on (TSE:SOBO) stock is a Hold with a C$36.00 price target. To see the full list of analyst forecasts on South Bow Corp stock, see the TSE:SOBO Stock Forecast page.
More about South Bow Corp
South Bow Corp operates in the infrastructure industry, focusing on Canadian and U.S. markets through its subsidiaries South Bow Canadian Infrastructure Holdings Ltd. and South Bow USA Infrastructure Holdings LLC. The company primarily deals with infrastructure-related financial instruments, such as notes and bonds, to support its operations.
Average Trading Volume: 1,310,568
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$7.63B
See more data about SOBO stock on TipRanks’ Stock Analysis page.