24th Jun 2024 13:47
TPXimpact Holdings PLC - London-based provider of "digital transformation" services to the UK public sector - Agrees to extend the maturity of the revolving credit facility by one year to July 2026 and to reduce the amount to GBP25 million from GBP30 million effective from June 21. This better reflects the ongoing needs of the business, company says. Follows an improvement in the debt position which at the end of March was at a three-year low. TPXimpact says the accordion of GBP15 million will continue to be available, if required. In addition, says the borrowing conditions of the RCF have been eased, one quarter ahead of schedule. Read More