NYSE:CRSAerospace & Defense
Carpenter Technology (CRS): Assessing Valuation After $700 Million Debt Offering and Capital Structure Move
Carpenter Technology (CRS) just announced a $700 million private offering of senior notes due 2034. The company aims to refinance existing debt and strengthen its financial flexibility with this move. This signals important changes for the company’s capital structure.
See our latest analysis for Carpenter Technology.
After surging on the back of robust earnings and now unveiling this major refinancing initiative, Carpenter Technology’s share price has delivered rapid momentum, boasting a 34%...