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

ALN

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 £75.0 million drawings under the £85.0 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 £50.0 million revolving credit facility has been cancelled in full.

Current stock price: 121.00 pence

12-month change: down 1.1%

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