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Litigation Capital Management Wins Extension to Debt Covenant Waiver During Strategic Review

Story Highlights
  • Litigation Capital Management secured an extension of its debt covenant waiver.
  • The waiver extension underscores lender support as LCM advances its strategic review process.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Litigation Capital Management Wins Extension to Debt Covenant Waiver During Strategic Review

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An announcement from Litigation Capital Management ( (GB:LIT) ) is now available.

Litigation Capital Management has secured an extension of its debt covenant waiver from lender Northleaf Capital Partners to 31 January 2026, with the interest rate on the loan remaining 2 percentage points higher during the extended waiver period and no additional one-off waiver fee payable. The extension signals continued lender support while LCM progresses its ongoing strategic review, first announced in mid-September, with management planning to update the market on the review’s progress in the new year.

The most recent analyst rating on (GB:LIT) stock is a Hold with a £9.00 price target. To see the full list of analyst forecasts on Litigation Capital Management stock, see the GB:LIT Stock Forecast page.

Spark’s Take on GB:LIT Stock

According to Spark, TipRanks’ AI Analyst, GB:LIT is a Neutral.

The overall stock score is primarily impacted by the company’s weak financial performance, characterized by declining revenues, profitability issues, and increased leverage. Technical analysis also indicates a bearish trend, with the stock trading below key moving averages and weak momentum indicators. The valuation is unattractive due to a negative P/E ratio and no dividend yield.

To see Spark’s full report on GB:LIT stock, click here.

More about Litigation Capital Management

Litigation Capital Management Limited (LCM) is an alternative asset manager specialising in dispute financing solutions on an international basis, providing capital to support litigation and other legal claims as part of the broader legal finance industry.

Average Trading Volume: 1,422,971

Technical Sentiment Signal: Sell

Current Market Cap: £8.38M

For a thorough assessment of LIT stock, go to TipRanks’ Stock Analysis page.

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