Exide Technologies seeks financing

Exide Technologies, a global leader in stored electrical energy solutions, has taken on Lazard “to advise on financing alternatives to maximize the value of the company for all stakeholders,” according to a company statement. The company expects its fiscal 2013 fourth quarter free cash flow will be approximately USD$50 million, exceeding prior guidance of $30 million, with total liquidity (cash and availability under credit lines) at March 31, 2013, of more than $230 million.

Be the first to comment on "Exide Technologies seeks financing"

Let us know what you think. Please leave a comment.