SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Completion of Debt Facility Restructuring

1 Apr 2026 07:00

RNS Number : 9457Y
Conygar Investment Company PLC(The)
01 April 2026
 

 

 

1 April 2026

THE CONYGAR INVESTMENT COMPANY PLC

Debt facility restructuring

 

The Conygar Investment Company PLC ("Conygar"), the property investment and development group, announces the completion of its debt facility restructuring in connection with the loan provided by Barclays Bank PLC ("Barclays") to a wholly owned subsidiary of the Company.

The restructuring retains the loan facility at £38.8 million, following a £3.9 million part repayment in December 2025, caps the loan to value covenant at no more than 60% and extends the final repayment date to 31 March 2027. This will enable the further letting and stabilisation of Winfield Court, the student accommodation development at The Island Quarter in Nottingham, which in addition to 1 TIQ, the food, beverage and events venue in Nottingham, provides security for the loan.

Robert Ware, Chief Executive of Conygar, commented:

"We are delighted to have extended the loan facility with Barclays which will enable the continuing stabilisation of our student accommodation throughout the 2026-2027 academic year."

 

Enquiries:

The Conygar Investment Company PLC

Robert Ware / David Baldwin: 020 7258 8670 

Panmure Liberum (Nominated Adviser and Broker)

Chris Clarke / Jamie Richards: 020 3100 2185

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Sam Livingstone: 07769 655437

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCUASRRNVUOOUR

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS