Star7 S.p.A (IT:STAR7) has released an update.
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Star7 S.p.A has issued a €13 million minibond, fully subscribed by UniCredit and partially guaranteed by SACE, to support its long-term growth and acquisitions. The company’s debt rating has been upgraded to ‘B1+’ due to improved financial performance and international business expansion. The funds will also support AI projects, which are expected to drive future development.
For further insights into IT:STAR7 stock, check out TipRanks’ Stock Analysis page.