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Share Price: 178.00

Bid: 175.00

Ask: 181.00

Change: 3.00 (1.71%)

Spread: 6.00 (3.429%)

Open: 178.00

High: 178.00

Low: 178.00

Prev. Close: 175.00

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IN BRIEF: IG Design jumps as refinances lending facilities

Mon, 05th Jun 2023 14:56

IG Design Group PLC - Newport Pagnell, England-based designer and manufacturer of celebrations products, including greetings cards, gift wrap, Christmas crackers, gift bags and partywares - Negotiates a three-year refinancing of its lending facilities with HSBC Holdings PLC and NatWest Group PLC for USD125 million. Company also extends its overdraft facility with HSBC. The new facility replaces its previous revolving credit facilities agreed in 2019. Says the facility provides "more than sufficient" headroom to fund its working capital needs over the three years.

Current stock price: 143.75 pence, up 11% in London on Monday afternoon

12-month change: more than double from 61.20p

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

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IN BRIEF: IG Design appoints Paul Bal as CFO from Stock Spirits

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(Sharecast News) - Gifts and stationery manufacturer IG Design Group revealed on Wednesday that Paul Bal has been tapped to take over as its chief financial officer.

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IN BRIEF: IG Design profit rises despite supply chain challenges

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IG Design confident despite 'challenging' first half

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Latest Share Chat

Design Group Share News (IGR)

Share Price Information for Design Group (IGR)

IN BRIEF: IG Design jumps as refinances lending facilities

AIM WINNERS & LOSERS: Clontarf has dry hole; eve Sleep in wake-up call

TRADING UPDATES: Shearwater to beat forecasts; Immotion in US zoo deal

IN BRIEF: IG Design appoints Paul Bal as CFO from Stock Spirits

IG Design names Paul Bal as CFO

LONDON BROKER RATINGS: Next and B&M raised; British Land cut to 'hold'

TRADING UPDATES: Panther Securities wins lease; NightCap opens new bar

IG Design shares tumble on profit warning for annual results

AIM WINNERS & LOSERS: IG Design plunges after profit warning

IG Design warns over full-year earnings

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

IN BRIEF: IG Design profit rises despite supply chain challenges

IG Design confident despite 'challenging' first half

AIM WINNERS & LOSERS: Universe doubles after takeover agreement

LONDON MARKET CLOSE: FTSE 100 gains as Reckitt and Whitbread cheered

Latest Share Chat

Design Group Share News (IGR)

Share Price Information for Design Group (IGR)

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