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Will Cooper Companies' (COO) Term Loan Extension and Added Flexibility Reshape Its Capital Structure Narrative?
The Cooper Companies, Inc. (COO) recently amended its 2021 Term Loan Agreement, extending $950 million in loans and increasing flexibility, which could influence its capital structure. This move modestly strengthens the balance sheet but doesn’t alter the near-term focus on MyDAY execution and upcoming Q1 FY2026 earnings. Investors will be watching how these changes support growth amid a cooling contact lens market.