Sigma Lithium Secures $22.4M Low-Interest Export Financing With Banco do Brasil
Portfolio Pulse from Benzinga Newsdesk
Sigma Lithium Corporation (NASDAQ:SGML) has secured a $22.4 million low-interest export financing deal with Banco do Brasil. This financing will help Sigma reduce its recurring interest expenses and improve its competitiveness.
July 29, 2024 | 9:05 am
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Sigma Lithium Corporation has secured a $22.4 million low-interest export financing deal with Banco do Brasil. This will help the company reduce its recurring interest expenses and improve its competitiveness.
The low-interest export financing will reduce Sigma Lithium's recurring interest expenses, thereby improving its financial health and competitiveness. This is likely to have a positive short-term impact on the stock price.
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