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Marlowe Share News (MRL)
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- This share is currently suspended. It was suspended at a price of 440.00
- There is currently no data for MRL
Marlowe enters new, larger debt facility
The AIM-traded firm said the new unsecured debt facility would replace its existing facility, and increase its total committed facility to £180m from £130m, in addition to a further £60m uncommitted accordion.
It said the facility involved a banking syndicate of six banks, and would have an initial three-year term with two optional annual extensions.
"The increased debt capacity provided by the new facility will provide further resources as the group continues to deliver upon its ongoing growth strategy," the Marlowe board said in its statement.
At 1121 GMT, shares in Marlowe were down 1.13% at 876p.
Latest MRL News
- UK dividends calendar - next 7 days
28 Jun 2024 - UK dividends calendar - next 7 days
6 Jun 2024 - Marlowe rejigs board and pushes ahead with buyback and special payout
3 Jun 2024 - DIRECTOR DEALINGS: Michael Ashcroft ups stake in Marlowe to 16%
24 May 2024 - Marlowe to pay special dividend after securing divestment approval
22 May 2024 - Berenberg slightly lowers target price on Marlowe
30 Apr 2024 - LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree
30 Apr 2024 - TRADING UPDATES: Chariot mulls future of Transitional Power business
18 Mar 2024
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Marlowe News
UK dividends calendar - next 7 days
UK dividends calendar - next 7 days
Marlowe rejigs board and pushes ahead with buyback and special payout
(Alliance News) - Marlowe PLC on Monday confirmed plans for a special dividend and a share buy back after completing the sale of certain governance, r...
DIRECTOR DEALINGS: Michael Ashcroft ups stake in Marlowe to 16%
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately...
Marlowe to pay special dividend after securing divestment approval
(Alliance News) - Marlowe PLC on Wednesday confirmed it will return GBP225 million through a special dividend and buyback after receiving regulatory a...
Berenberg slightly lowers target price on Marlowe
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on business-critical services and software firm Marlowe from 720.0p to 71...
LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
TRADING UPDATES: Chariot mulls future of Transitional Power business
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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