Sancus Lending Group Limited (GB:LEND) has released an update.
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Sancus Lending Group Limited has successfully secured approval to extend the maturity date of its bonds to October 2027 and increase the coupon rate to 8%. Additionally, the company plans to raise the maximum principal amount of the bonds to £30 million. These changes will come into effect from October 31, 2024.
For further insights into GB:LEND stock, check out TipRanks’ Stock Analysis page.
