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  2. Share Prices
  3. IWG Share Price
  4. IWG Share News
  5. IWG hails extension of revolving credit facility to November 2025

Pin to quick picksIWG Share News (IWG)

IWG Information

Share Price Information for IWG (IWG)

London Stock Exchange
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Share Price: 205.20
Bid: 204.80
Ask: 205.20
Change: 0.60 (0.29%)
Spread: 0.40 (0.195%)
Open: 204.00
High: 205.80
Low: 204.00
Prev. Close: 204.60
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IWG hails extension of revolving credit facility to November 2025

Thu, 29th Jun 2023 10:14

(Alliance News) - IWG PLC on Thursday said it extended the maturity of its revolving credit facility.

The workspace provider said it has no debt maturing before November 2025, extended from a previous maturity in March 2025. Further, a GBP330 million acquisition bridge that had a maturity until September 2023 has been extinguished.

Looking ahead, IWG said it is cautiously optimistic for the rest of 2023 and "well-positioned to continue to take advantage of future growth".

The company will release its half-year results on August 8.

IWG shares fell 5.9% to 131.70 pence each on Thursday morning in London.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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