EXCLUSIVE: La Rosa Holdings Tells Benzinga 'Restructuring benefits financial position and reduces debt under the notes by approximately 9.5%'
Portfolio Pulse from Benzinga Newsdesk
La Rosa Holdings has announced a restructuring that improves its financial position by reducing debt under its notes by approximately 9.5%.
September 26, 2024 | 12:15 pm
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La Rosa Holdings has undertaken a restructuring that reduces its debt by approximately 9.5%, which is expected to strengthen its financial position.
The restructuring directly impacts La Rosa Holdings by reducing its debt, which is a positive financial move. This reduction in debt is likely to improve the company's balance sheet and could lead to a positive short-term impact on its stock price.
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