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ICG Enterprise Trust Expands Credit Facility to Fuel Growth
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ICG Enterprise Trust Expands Credit Facility to Fuel Growth

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An update from ICG Enterprise Trust PLC GBP ( (GB:ICGT) ) is now available.

ICG Enterprise Trust has expanded its revolving credit facility from €240 million to €300 million to support portfolio growth, effective December 20, 2024. This increase boosts the company’s available liquidity to £134 million, reflecting its strategic focus on enhancing financial flexibility to accommodate future investment opportunities.

More about ICG Enterprise Trust PLC GBP

ICG Enterprise Trust is a prominent listed private equity investor focused on long-term growth by investing in profitable, cash-generative private companies, primarily in Europe and the US. The company offers shareholders the added benefit of daily liquidity and invests both directly and through funds managed by Intermediate Capital Group plc and other leading private equity managers.

YTD Price Performance: 9.65%

Average Trading Volume: 89,755

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £844.9M

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

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