Saga plc (GB:SAGA) has released an update.
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Saga plc, a UK company focused on the over-50 market, has successfully repaid its £150.0m 3.375% senior secured bond using cash on hand and drawing from a credit facility. The redemption underscores Saga’s robust financial management and commitment to honoring its debt obligations. This move may reassure investors and strengthen the company’s financial credibility.
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