NasdaqGS:GTXAuto Components
How Lower Loan Costs Could Shape Garrett Motion’s (GTX) Financial Flexibility and Investment Outlook
Earlier this month, Garrett Motion announced it had amended its credit agreement, reducing interest rates on its U.S. Dollar term loan facility and resetting soft call protection, while keeping other material terms unchanged.
This adjustment is expected to lower the company’s interest expenses, potentially boosting cash flow and offering greater financial flexibility amid a changing automotive industry.
We'll examine how this reduction in loan costs may affect Garrett Motion's investment...