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The Conygar Investment ( (GB:CIC) ) just unveiled an update.
Conygar Investment Company PLC has restructured its debt facility with Barclays Bank, extending the loan repayment date to December 2025 to support the letting and stabilization of its student accommodation project at The Island Quarter in Nottingham. The restructuring includes a reduction in the loan amount and interest rate, offset by a new exit fee, which is expected to enhance the company’s operational stability and market positioning.
More about The Conygar Investment
The Conygar Investment Company PLC is a property investment and development group focused on real estate projects, including student accommodation developments.
YTD Price Performance: -28.41%
Average Trading Volume: 63,688
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £19.38M
Learn more about CIC stock on TipRanks’ Stock Analysis page.