Yahoo

Turbo Energy completes restructuring of bank financing

https://www.tipranks.com/news/the-fly/sunrun-price-target-lowered-to-15-from-21-at-morgan-stanley-thefly-news · TipRanks
Trade BBVA on Coinbase

Turbo Energy ( TURB ) announced the completion of a restructuring of its bank financing aimed at strengthening its financial position and aligning liquidity with the Company's medium- and long-term business plan. As part of this process, Turbo Energy reached agreements with Bankinter, CaixaBank and BBVA, three of Spain's leading financial institutions, enabling the conversion of existing bank facilities into long-term financing structures totaling approximately EUR 4.87M. This reorganization strengthens the Company's financial profile and aligns its financing structure with its business plan, further enhancing financial flexibility to support continued expansion in the global commercial and industrial energy storage sector, including Latin America and the United States.

Valentine's Day Sale - 70% Off

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. >","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" rel="noopener noreferrer nofollow"> Try Now>>

>","yLinkElement":"context_link","yModuleName":"content-canvas","yTrafficOrigin":"content-canvas default"}" rel="noopener noreferrer nofollow"> See Insiders' Hot Stocks on TipRanks >>

Read More on TURB:

Disclaimer & Disclosure Report an Issue

Mobilize your Website
View Site in Mobile | Classic
Share by: