|
Amigo Holdings PLC - Bournemouth, England-based mid-cost credit provider - Says four charges created between March 13, 2017 and May 17, 2019 to support the issue of the 7.625% senior secured loan notes have been satisfied. This follows the redemption of the outstanding £50 million of the loan notes. On Thursday last week, it said Peel Hunt will cease to act as broker on April 29 following wind-down of Amigo. Earlier in late-March, it also said its trading subsidiary Amigo Loans Ltd will stop lending immediately and is shutting down. It said the wind-down of the business will last for around 12 months, during which the existing loan book will continue to be collected. Current stock price: 0.22 pence, up 10% 12-month change: down 96% Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
