TDS Amends Credit Agreements to Boost Flexibility

Tip Ranks
2025.12.12 14:28
portai
I'm PortAI, I can summarize articles.

Telephone & Data Systems (TDS) announced amendments to its credit agreements, extending maturity dates, removing credit spread adjustments, and increasing debt capacity by $300 million. These changes aim to enhance TDS's financial flexibility and strategic operations. Analysts rate TDS stock as a Buy with a $45 target, despite challenges like declining revenue and high leverage. TDS operates in telecommunications, offering wireless and broadband services.