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CentralNic Group PLC - London-based online services provider - Completes its refinancing. As part of this, CentralNic now has a new $250 senior facilities agreement. This consists of a $150 million term loan and a $100 million committed revolving credit facility. CentralNic says it provides a "notable reduction in borrowing costs".
Funds from the term loan have been used to fully repay CentralNic's €126 million senior secured bonds as well as repay drawings under its previous revolving credit facility.
Current stock price: 130.50 pence, up 2.4% on Monday in London
12-month change: down 7.4%
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