IN BRIEF: Kier plans offer of GBP250 million in senior debt notes
Kier Group PLC - Manchester, England-based infrastructure services, construction and property - Plans to offer GBP250.0 million in five-year senior notes, as part of a wider refinancing of debt facilities. Says the interest rate and offering price will be determined at the time of the pricing of the notes. Last month, Kier said it has a "modest" net cash position as of the end of 2023, improved from GBP131 million in debt a year before.
Read more