Goco Group Plc Completes The Refinancing Of Its Bank Facilities

  • Oct 22, 2019 BST
  • Team Kalkine
  • Goco Group Plc (GOCO) has efficaciously finalized the refinancing of its bank facilities with a group of current and new banks.
  • The bank facility includes a 4-year RCF (Revolving Credit Facility) of £105 million- and 4-year term loan of £15 million.
  • The refinancing which has the option to extend for another year, offers the company an additional suppleness, of rise in the RCF and an increase in the leverage contract.
  • On 22nd October 2019, at the time of writing, GMT 08:01 AM, GOCO shares were trading at GBX 104.02, up by 0.22 points or 0.21% against the previous day closing price.

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