
Brazil's Lavoro Seeks Advisers for Debt Restructuring Amid Financial Challenges
In a significant development for Brazil’s agricultural sector, Lavoro, a prominent agricultural inputs company, has reportedly begun the process of hiring financial advisers to assist in restructuring its existing debt. This move comes at a time when the company is navigating considerable financial challenges that have raised concerns among its investors and stakeholders.
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JOANN Faces Financial Struggles: Engages Advisers Amid Liquidity Pressures
In a concerning development for the crafts retail sector, JOANN Inc., the well-known crafting retailer, has recently enlisted the assistance of specialized financial advisers to address significant liquidity pressures. This strategic move comes as the company grapples with increased cash flow challenges, raising concerns about its financial stability moving into the new year.
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