Stocks in play: AutoCanada Inc.
Announced today that its lenders under the Company's syndicated credit facility have agreed to increase to the Company's maximum permitted Total Net Funded Debt to EBITDA ratio from 4.00:1.00 to 4.50:1.00 for the period from June 28 to September 29. After September 29, the Company's maximum permitted Total Net Funded Debt to EBITDA Ratio will revert to 4.00:1.00. AutoCanada Inc. shares T.ACQ are trading down $0.20 at $19.03.
Read:
Tech Companies Leading the Charge in the Transformative AI Era
Exposing 'AI Washing': Real Tech Developers Making Authentic AI Contributions
Cancer Rates Surge: Key Biotech Stocks Leading the Charge in Oncology Drug Development
Agritech Industry Makes Strides in Ensuring Sustainable and Secure Food Supply
Tech Giants Drive AI Advancements as US Considers New Investment Rules for China