IWG plc Makes Strategic Bond Repurchase Move

IWG plc (GB:IWG) has released an update.

International Workplace Group plc has repurchased £10.8 million of its £350 million convertible bonds due in 2027, at an average price of 94.4%, reducing the outstanding amount to £158.2 million. This strategic move is part of IWG’s ongoing efforts to manage its debt efficiently, potentially setting the stage for further repurchases depending on market conditions.

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