Petco (WOOF) Completes Debt Refinancing Amid Leadership Transition

Petco Health and Wellness Company Inc. (NASDAQ:WOOF) is one of the best stocks under $3 to invest in. On February 2, Petco Health and Wellness Company Inc. (NASDAQ:WOOF) announced that it had completed its long-term debt refinancing. As part of its strategy to become more financially flexible and reduce leverage, Petco Health and Wellness Company Inc. (NASDAQ:WOOF) undertook measures to refinance $1.5 billion of its current term loan, as it seeks to transition its business model while facing challenges in t ...