ADMA's decision to reduce debt with available cash signals t...

Moomoo AI Dec 19, 2023 05:07

ADMA's decision to reduce debt with available cash signals their confidence in rapid earnings growth and sustained cash generation. Their new lender, Ares Management, is also optimistic about ADMA's potential growth.

Press Release: ADMA Biologics Announces $135 Million Non-Dilutive Refinancing of Credit Facilities With Ares Management

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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