Partial Redemption of 2027 Convertible Bonds

Summary by AI BETAClose X

International Workplace Group plc announced the partial redemption of £136 million (swapped to $174 million) of its 0.5% convertible bond due 2027, with £4 million ($5 million) remaining outstanding. This redemption was funded from existing liquidity, leaving the company's net debt position unchanged and with no further financial debt maturities until 2029, aside from the remaining convertible bonds.

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IWG (IWG)
UK 100

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