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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 shareholder meetings calendar - next 7 days
6 Sep 2023 - Marlowe quashes rumours around its testing business
7 Aug 2023 - Marlowe buys ISO certification provider IMSM for GBP17.4 million
26 Jul 2023 - TRADING UPDATES: Andrada raises GBP7.7 million; Ixico signs contract
18 Jul 2023 - Berenberg lowers Marlowe target price but sees potential for medium-term rerating
29 Jun 2023 - Marlowe annual profit and revenue jump; expects strong software demand
29 Jun 2023 - LONDON MARKET CLOSE: FTSE 100 ends a week of rate decisions higher
16 Jun 2023 - AIM WINNERS & LOSERS: Marlowe up on report of potential division sale
16 Jun 2023
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Marlowe News
Marlowe quashes rumours around its testing business
(Sharecast News) - Business software and regulatory compliance specialist Marlowe responded to "ongoing speculation" in relation to its testing, inspe...
Marlowe buys ISO certification provider IMSM for GBP17.4 million
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TRADING UPDATES: Andrada raises GBP7.7 million; Ixico signs contract
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Berenberg lowers Marlowe target price but sees potential for medium-term rerating
(Sharecast News) - Analysts at Berenberg slashed their target price for shares of Marlowe, but kept their recommendation at a 'buy'.
Marlowe annual profit and revenue jump; expects strong software demand
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AIM WINNERS & LOSERS: Marlowe up on report of potential division sale
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