Cordiant Digital Infrastructure Limited (GB:CORD) has released an update.
Cordiant Digital Infrastructure Limited has successfully refinanced its €200 million Eurobond, extending the debt maturity from 2026 to 2029, and repaid a €30 million vendor loan note, improving financial flexibility for its growth plans. Additionally, the company secured €175 million in undrawn credit facilities, which were significantly oversubscribed by leading financial institutions, enhancing the company’s liquidity and investment capacity under its Buy, Build & Grow strategy. The refinancing and additional credit facilities are expected to provide a solid foundation for the company against economic uncertainties and support its ongoing expansion.
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