NYSE:JBTMMachinery
JBT Marel (NYSE:JBTM) Valuation in Focus After $500M Convertible Bond Deal and Credit Agreement Revamp
JBT Marel (NYSE:JBTM) just wrapped up a major financial move, closing a $500 million convertible bond offering while also revising its credit agreement to improve terms on its revolving loans. These changes inject fresh capital into the business and signal a deliberate effort by management to shore up its balance sheet. For investors wrestling with what comes next, this dual development could have implications for both risk and future opportunity at JBT Marel, prompting fresh debate about...