Tuesday, March 5, 2024

Update: "Enviva’s Stock Rises After Wood-Pellet Exporter Gets Another Week to Make Bond Payment" (EVA)

From the Wall Street Journal, March 5:

The flagging shares of America's largest wood-pellet exporter got a lift Tuesday after Enviva said it had agreed to extend a forbearance agreement with creditors through March 11.

The forbearance agreement that Enviva struck last month after missing a bond payment expired....

....MORE

The stock is up 50% (26 cents) at $0.7800.

Earlier today:  

"Why Britain is burning North American forests to keep the lights on" (EVA)