Arrow Bidco, LLC Announces Redemption of Senior Secured Notes Due 2025
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Arrow Bidco, LLC, a subsidiary of Target Hospitality Corp., announced the redemption of all $181.4 million of its 10.75% senior secured notes due 2025. The redemption is set for March 25, 2025.
March 10, 2025 | 6:00 pm
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Target Hospitality's subsidiary, Arrow Bidco, is redeeming $181.4 million of its senior secured notes due 2025. This move could improve the company's debt profile.
The redemption of the senior secured notes by Arrow Bidco, a subsidiary of Target Hospitality, is a significant financial maneuver. It reduces the company's outstanding debt, potentially improving its financial health and credit profile. This could be seen positively by investors, leading to a potential short-term increase in stock price.
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