Cordiant Digital Infrastructure Limited (GB:CORD) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Cordiant Digital Infrastructure Limited has successfully refinanced long-term senior credit facilities for its portfolio company, České Radiokomunikace a.s., securing about £167 million in senior financing with no refinancing needed until 2029. The refinancing includes a significant term loan and revolving credit facilities to support growth and acquisitions, enhancing the company’s cash generation and net debt reduction over time. The move is part of CORD’s strategic financial management, ensuring robust balance sheets and extended debt maturities for its portfolio companies.
For further insights into GB:CORD stock, check out TipRanks’ Stock Analysis page.
