External reports (aggregated public sources), Value Investors Club

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External reports (aggregated public sources)

Value Investors Club

Equity Bottom-Up

<ul><li>Archer Ltd reorganized to address over-leveraged balance sheet hindering reinvestment and growth</li><li>Company's $506 million net debt at 5.3x leverage led to challenges in credit facilities due to ESG pressures and price volatility</li><li>Secured 1st lien credit facility, 2nd lien bond, and equity financing at discounted rate to strengthen capital structure for future growth</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Archer Ltd reorganized to address over-leveraged balance sheet hindering reinvestment and growthCompany's $506 million net debt at 5.3x leverage led to challenges in credit facilities due to ESG pressures and price volatilitySecured 1st lien credit facility, 2nd lien bond, and equity financing at discounted rate to strengthen capital structure for future growthThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Archer Ltd (ARCH NO) - Tuesday, Mar 5, 2024