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IN BRIEF: Saga announces repayment of corporate debt maturing in 2026

28th Feb 2025 18:29

Saga PLC - Kent, England-based provider of services to people aged 50 and over - Redeems outstanding senior unsecured notes, maturing July 2026, following receipt of funds under new credit facilities that were announced in January. Further says GBP75.0 million drawings under the GBP85.0 million loan facility provided by Roger De Haan, maturing April 2026, have been repaid and, as such, the facility has been cancelled in full. Also, says the existing GBP50.0 million revolving credit facility has been cancelled in full.

Current stock price: 121.00 pence

12-month change: down 1.1%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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