17th Feb 2025 17:24
Origin Enterprises PLC - Dublin-based agronomy services firm - Signs new five-year EUR440 million revolving credit facility. The new facility is an increase of EUR40 million on the existing facility and extends the facility to January 31 2030. It has the option of two further extension options of one year each and a further EUR100 million uncommitted loan facility. Chief Financial Officer Colm Purcell says the larger facility provides both the "financial flexibility and capacity to deliver our strategic objectives, aligned with our sustainability targets." The group will announce its half-year results on March 4.
Current stock price: EUR2.60, down 4.3% in London on Monday
12-month change: down 20%
By Jeremy Cutler, Alliance News reporter
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