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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Global Blue Group Holding AG | NYSE:GB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.025 | 0.49% | 5.12 | 5.1099 | 5.03 | 5.09 | 6,344 | 21:00:05 |
Global Blue Group Holding AG (NYSE: GB and GB.WS) today announced that, effective March 29, 2022, the existing $75 million supplemental liquidity facility that SL Globetrotter, L.P., and Global Blue Holding L.P. made available to Global Blue Group Holding AG on the terms and conditions of a loan agreement dated September 30, 2020, as amended, was further amended pursuant to a Letter Amendment to the Agreement. The Amendment provides for an extension to the availability period for the facility under the Amended Agreement to July 8, 2022.
The proceeds of the liquidity facility are intended to fund the working capital needs of the Global Blue Group. Given the ongoing relaxation of COVID-19 related sanitary restrictions and consequential increase in travel and international shopping in many countries, Global Blue expects it will draw down on some or all of the liquidity facility within the coming months.
A copy of the Amendment can be obtained from the Securities and Exchange Commission’s website at www.sec.gov or the investor section of the Company’s website at Global Blue Group Holding AG - Investor Relations.
ABOUT GLOBAL BLUE
Global Blue offers innovative solutions in three different fields:
In addition, our data and advisory services offer a strategic advisory to help retailers identify opportunities for growth, while our shopper experience and engagement solutions provide data-driven solutions to increase footfall, convert footfall to revenue and enhance performance.
Pre-pandemic figures FY 2019-20.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220330005514/en/
FOR FURTHER INFORMATION Frances Gibbons, Head of Investor Relations +44 (0) 7815 034 212 fgibbons@globalblue.com
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