Novo Integrated Sciences Announces Issuance Of Underlying $1B Gold Backed Bond
Portfolio Pulse from Benzinga Newsdesk
Novo Integrated Sciences, Inc. (NASDAQ:NVOS) has announced the issuance of a $1 billion gold-backed bond, which is the first step in establishing the instrument for the legal transfer of collateral for the company's exclusive benefit. The bond issuance is a significant step towards achieving the funding needed for the company's international hypergrowth objectives.
November 03, 2023 | 5:17 pm
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Novo Integrated Sciences' issuance of a $1 billion gold-backed bond is a significant step towards securing the funding needed for its international hypergrowth objectives.
The issuance of a $1 billion gold-backed bond by Novo Integrated Sciences is a significant move towards securing the necessary funding for its growth objectives. This could potentially boost investor confidence in the company's financial stability and growth prospects, which could positively impact its stock price in the short term.
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