Thunderbird Entertainment Secures C$75.45 Million Credit Facilities for Strategic Growth

Thunderbird Entertainment Group Inc ( (TSE:TBRD) ) has shared an announcement.

Thunderbird Entertainment Group Inc. has secured amended credit facilities totaling C$75.45 million from the Royal Bank of Canada to support its growth strategy. This financial arrangement enhances Thunderbird’s operational flexibility, enabling it to scale operations, invest in new opportunities, and reinforce its business model, thus supporting long-term value delivery to stakeholders.

The most recent analyst rating on (TSE:TBRD) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Thunderbird Entertainment Group Inc stock, see the TSE:TBRD Stock Forecast page.

Spark’s Take on TSE:TBRD Stock

According to Spark, TipRanks’ AI Analyst, TSE:TBRD is a Outperform.

Thunderbird Entertainment Group Inc is on a strong upward trajectory with solid financial performance and strategic growth initiatives. While the company faces industry challenges, its robust financial health and strategic positioning suggest continued potential for growth.

To see Spark’s full report on TSE:TBRD stock, click here.

More about Thunderbird Entertainment Group Inc

Thunderbird Entertainment is a global award-winning, full-service multiplatform production, distribution, and rights management company headquartered in Vancouver, with teams in Los Angeles and Ottawa. The company creates scripted, unscripted, and animated programming for leading digital platforms and broadcasters, developing and distributing content through its divisions such as Thunderbird Kids and Family, Thunderbird Unscripted, and Thunderbird Scripted.

Average Trading Volume: 47,047

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$61.96M

Find detailed analytics on TBRD stock on TipRanks’ Stock Analysis page.