ATS Corporation (TSE:ATS) has released an update.
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ATS Corporation has successfully closed its $200 million private placement offering of 6.50% senior unsecured notes due in 2032, which will be used to pay down its existing revolving credit line. This offering was led by major financial institutions, including National Bank Financial Inc. and RBC Dominion Securities Inc., showcasing strong investor confidence in ATS’s automation solutions business.
For further insights into TSE:ATS stock, check out TipRanks’ Stock Analysis page.