Origin Enterprises PLC - Dublin-based agronomy services firm - Signs new five-year €440 million revolving credit facility. The new facility is an increase of €40 million on the existing facility and extends the facility to January 31 2030. It has the option of two further extension options of one year each and a further €100 million uncommitted loan facility. Chief Financial Officer Colm Purcell says the larger facility provides both the ‘financial flexibility and capacity to deliver our strategic objectives, aligned with our sustainability targets.’ The group will announce its half-year results on March 4.
Current stock price: €2.60, down 4.3% in London on Monday
12-month change: down 20%
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