💥A Haircut Coming? Part II.💥
Vertex Energy Inc. ($VTNR) + Regis Corporation ($RGS) and Rite-Aid updates.
We’ve previously discussed Regis Corporation ($RGS) here…
… and here:
In the last entry, we highlighted the MN-based hair salon operator’s diminishing liquidity position against roughly $180mm in debt. We wrote:
In Aug ‘22, the company announced a successful renegotiation of the Mar ‘23 Revolving Credit Facility. The amendment extended the maturity to Au…