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Axalta Seeks Amendment to Reduce Loan Interest Rates
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Axalta Seeks Amendment to Reduce Loan Interest Rates

The latest update is out from Axalta Coating Systems (AXTA).

Axalta Coating Systems is planning to amend its 2013 Credit Agreement to potentially lower the interest rate spread on its term loans, which could provide financial benefits. This strategic move is subject to various conditions including market factors. The details of this amendment process, which are intended for informational purposes and not for regulatory filing requirements, could have implications for investors monitoring the company’s debt management strategies.

For an in-depth examination of AXTA stock, go to TipRanks’ Stock Analysis page.

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