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Saga plc Refinances Debt with New Credit Facilities

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Saga plc Refinances Debt with New Credit Facilities

Saga plc ( (GB:SAGA) ) has shared an update.

Saga plc has announced the successful refinancing of its corporate debt by securing new long-term credit facilities. This move includes the redemption and cancellation of its £250.0m Senior Unsecured Notes and the repayment of a £75.0m loan facility, enhancing its financial stability and potentially strengthening its market position.

More about Saga plc

Saga plc is a UK-based company specializing in products and services for individuals over 50. Known for its high-quality customer service, Saga offers a range of services including cruises, travel, insurance, personal finance, and media.

YTD Price Performance: 0.83%

Average Trading Volume: 264,703

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £174.3M

For an in-depth examination of SAGA stock, go to TipRanks’ Stock Analysis page.

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