Theratechnologies (TSE:TH) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Theratechnologies has secured up to $75 million in new credit facilities with TD Bank and Investissement Québec, aiming to optimize its capital structure and support business growth. The financing provides favorable interest rates and terms, freeing up cash to enhance profitability and strengthen the balance sheet. This move aligns with the company’s strategic focus on acquiring innovative therapies and sustaining long-term growth.
For further insights into TSE:TH stock, check out TipRanks’ Stock Analysis page.
