1. CUTR plans a restructuring to cut $400 million debt and raise $65 million. 2. 74% of lenders support the move to improve financial stability and growth.
Reducing debt over 90% significantly enhances financial health, similar to past successful restructurings in distressed companies boosting stock prices.
This restructuring is crucial for reversing CUTR's financial pressures, significantly improving outlook and investor confidence.
The restructuring will strengthen CUTR's balance sheet over the long run, enabling sustainable growth.