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Premium Brands Secures $150 Million in Convertible Debenture Financing

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Premium Brands Secures $150 Million in Convertible Debenture Financing

Confident Investing Starts Here:

Premium Brands ( (TSE:PBH) ) just unveiled an update.

Premium Brands Holdings Corporation has announced a $150 million financing deal through the issuance of convertible unsecured subordinated debentures. The proceeds will be used to repay existing debt, fund future acquisitions, and support capital projects, enhancing the company’s financial flexibility and strategic growth opportunities.

More about Premium Brands

Premium Brands Holdings Corporation is a leading producer, marketer, and distributor of branded specialty food products.

YTD Price Performance: -5.14%

Average Trading Volume: 73,997

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$3.41B

For a thorough assessment of PBH stock, go to TipRanks’ Stock Analysis page.

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