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IN BRIEF: ICG Enterprise Trust increases credit facility

24th Dec 2024 15:42

ICG Enterprise Trust PLC - London-based investor in North America and Europe buyouts - Increases its revolving credit facility from EUR240 million to EUR300 million, effective December 20, to support portfolio expansion. There are no changes to the terms previously disclosed in June 2023 and June 2024.

As of December 13, ICGT reported total available liquidity of GBP84 million, including GBP8 million in cash and GBP76 million in undrawn revolving credit facility. Pro forma for the increase, liquidity would have been GBP134 million.

Current stock price: 1,300.00 pence in London after close on Tuesday

12-month change: up 5%

By Eva Castanedo, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights reserved.

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