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Exide Technologies eyes growth after recapitalisation

Fri, 06/28/2019 - 11:41 -- John Shepherd
Exide Technologies eyes growth after recapitalisation

US battery manufacturer Exide Technologies has expansion in its sights after completing “comprehensive” new financing and recapitalisation of the business.

As part of the recapitalisation, Exide said it had issued US$150 million of new international notes generating net proceeds of around $125m.

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