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The company said it has secured covenant relief through Q2 2027, identified about $50 million of excess real estate for monetization and expects more than $30 million in annualized cost savings. It also proposed amendments to its $85 million 5.25% senior subordinated debentures, including extending maturity to Dec. 31,
Ag Growth International Inc. outlined a capital plan to reduce debt via operating cash, $30M expected annualized cost savings, and about $50M in surplus real estate monetization, and said its SRC engaged CIBC and BofA to review strategic alternatives including refinancing 2027 debentures.Material D…