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Stock impact report

Troubled Finablr reports nearly $1 billion more debt [Reuters]

Houlihan Lokey, Inc. Class A (HLI) 
Last houlihan lokey, inc. class a earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: hl.com/us/pressreleases.aspx
Company Research Source: Reuters
Troubled Finablr reports nearly $1 billion more debt (Reuters) - Payments group Finablr ( FINF.L ) said on Thursday its debt position of $1.3 billion was materially above what was stated as of June 2019 following a review with its creditors and independent investigators. The company, which added that it was currently verifying the debt level, said that it and independent financial adviser Houlihan Lokey were engaging with Finablr’s creditors to explore options that were available to the group and its lenders. Finablr had posted a net debt of $334.1 million at the end of June. Show less Read more
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