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IWG extends RCF to £875m maturing in 2025

Flexible workspace provider IWG has extended its revolving credit facility, pushing its maturity beyond 2025.

The £750m facility, originally maturing in March this year, has been expanded to £875m and extended to November 2025.

IWG said it “remains cautiously optimistic for the remainder of 2023”, but despite the strengthening of the pound, it had not changed its financial expectations for the year.

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