Digital 9 Infrastructure Plc (GB:DGI9) has released an update.
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Digital 9 Infrastructure PLC (D9) has made a substantial reduction in its debt by repaying and partially cancelling £47 million of its Revolving Credit Facility (RCF), leveraging a US$25 million payment from a previous asset sale. This move has significantly lowered the company’s outstanding debt from £373.8 million in March 2024 to around £53 million, with expectations of saving approximately £28 million in net interest expenses by the end of the RCF term. The strategic debt reduction demonstrates D9’s commitment to improving its balance sheet and financial health following the successful completion of the Verne Transaction.
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