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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (158992)	8/16/2023 9:40:37 AM
From: Goose94	Read Replies (1) \| Respond to of 203728

NFI Group (NFI-T) debt load BNN.ca will watch shares of NFI Group at the open. The bus maker delivered higher sales and a narrower loss than expected. On the back of improving supply chains and growing demand, NFI is boosting its full year sales and profit forecasts. However, the company is struggling under a cumbersome debt load, which is why they continue to lose money. Today they announced a private placement with an unnamed asset manager in an effort to raise US$50 million. The deal is priced at $10.10 per share which is a 14 per cent discount to yesterday’s close but higher than the last private placement they did. BNN.ca