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AppLovin ( (APP) ) has provided an announcement.
AppLovin Corporation is transitioning to an all unsecured debt capital structure after receiving investment grade ratings. The company aims to establish a new $1,000 million unsecured revolving credit facility, contingent on ending its current secured credit setup. Meetings with potential investors are scheduled, but the outcome remains uncertain.
For an in-depth examination of APP stock, go to TipRanks’ Stock Analysis page.
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