22nd Jul 2022 21:42
Glantus Holdings PLC - Dublin-based data platform for accounts payable and shared services - Successfully refinances its debt facilities with Beachpoint Capital, reducing interest rate to 10% from 12% and deferring capital repayments for 12 months. Includes additional working capital facility of EUR2 million to invest in production development. Loan maturity remainds unchanged at August 2023 and July 2025, it notes.
Current stock price: 36.60 pence, up 1.7% on Friday
12-month change: down 56%
By Elizabeth Winter; [email protected]
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