1st May 2024 11:47
Inspiration Healthcare Group PLC - Crawley, England-based medical technology company specialising in neonatal intensive care medical services - Says that a material export order that was due at the end of January remains outstanding, and is unable to confirm a date, citing "factors outside of its control." Further, Inspiration receives a waiver from its lender regarding covenant tests on its debt facility on Tuesday. "Alternate covenants have been agreed until April 30, 2025 which will need to be met and bank consent received ahead of any further drawdowns of the revolving credit facility," it says. The company is also investigating alternative financing options in the event the order is not received. Read More
