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MCRO Micro Focus International Plc

532.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Micro Focus International Plc LSE:MCRO London Ordinary Share GB00BJ1F4N75 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 532.00 531.60 531.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Micro Focus International plc Update on proposed term loan refinancing (7421E)

02/03/2020 4:00pm

UK Regulatory


Micro Focus (LSE:MCRO)
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RNS Number : 7421E

Micro Focus International plc

02 March 2020

02 March 2020

Micro Focus International plc

Update on proposed term loan refinancing

Micro Focus International plc ("Micro Focus" or the "Company") today announces that due to adverse market conditions it has decided to postpone the proposed refinancing of its existing Senior Secured Term Loan B due November 2021 and extension of the existing Revolving Credit Facility.

The Company intends to relaunch the refinancing once market conditions improve.

Enquiries:

   Micro Focus                                                     Tel: +44 (0)1635 32646 
   Stephen Murdoch, CEO                                     Investors@microfocus.com 

Brian McArthur-Muscroft, CFO

Ben Donnelly, Investor relations

   Brunswick                                                           Tel: +44 (0) 20 7404 5959 
   Sarah West                                                           MicroFocus@brunswickgroup.com 

Jonathan Glass

Notes to Editors:

About Micro Focus

Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000. Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

UPDJTMATMTAMBFM

(END) Dow Jones Newswires

March 02, 2020 11:00 ET (16:00 GMT)

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