UK Markets closed
  • FTSE 100

    7,255.96
    -35.24 (-0.48%)
     
  • FTSE 250

    23,574.62
    +140.55 (+0.60%)
     
  • AIM

    1,236.75
    -10.13 (-0.81%)
     
  • GBP/EUR

    1.1873
    +0.0006 (+0.05%)
     
  • GBP/USD

    1.3497
    -0.0003 (-0.0216%)
     
  • BTC-GBP

    41,071.94
    +212.40 (+0.52%)
     
  • CMC Crypto 200

    1,402.14
    -65.80 (-4.48%)
     
  • S&P 500

    4,704.54
    +15.87 (+0.34%)
     
  • DOW

    35,870.95
    -60.10 (-0.17%)
     
  • GOLD FUTURES

    1,861.20
    -0.20 (-0.01%)
     
  • NIKKEI 225

    29,683.09
    +84.43 (+0.29%)
     
  • HANG SENG

    25,319.72
    -330.36 (-1.29%)
     
  • DAX

    16,221.73
    -29.40 (-0.18%)
     
  • CAC 40

    7,141.98
    -14.87 (-0.21%)
     

IG Group refinances debt to target growth

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

LONDON (Reuters) - Online trading platform IG Group said on Friday it had completed a comprehensive refiancing of its debt, providing it with additional financial flexibility to grow.

IG's total available credit facilities have increased from 375 million pounds ($501.53 million) to 600 million pounds with the potential to rise to 700 million, the company said.

IG said it had issued 300 million pounds of unsecured bonds, due in 2028, and agreed a 300 million pound revolving credit facilitiy that could be increased to 400 million pounds subject to bank approval.

(Reporting by Iain Withers,; Editing by Rachel Armstrong)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting