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Saga plc confirmed on 13 May 2024 that it has repaid in full its £150.0 million 3.375% senior secured bond. The repayment was funded from Available Cash resources, including a draw down on an £85.0 million facility with Roger De Haan maturing in April 2026.
| Date | 13 May 2024 |
| Time | 10:08:10 |
| Category | Miscellaneous |
| ID | 1625O |
13 May 2024
Saga plc
2024 Bond repayment
Saga plc (Saga or the Group), the UK's specialist in products and services for people over 50, confirms that it has repaid in full the £150.0m 3.375% senior secured bond. This bond redemption was funded from Available Cash resources, including a draw down on the £85.0m facility with Roger De Haan maturing in April 2026.
For further information, please contact:
Saga plc
Emily Roalfe, Director of Investor Relations and Treasury Tel: 07732 093 007
Email: emily.roalfe@saga.co.uk
Headland Consultancy Tel: 020 3805 4822
Susanna Voyle Tel: 07980 894 557
Will Smith Tel: 07872 350 425
Email: saga@headlandconsultancy.com
Notes to editors
Saga is a specialist in the provision of products and services for people over 50. The Saga brand is one of the most recognised and trusted brands in the UK and is known for its high level of customer service and its high quality, award-winning products and services including cruises and holidays, insurance, personal finance and publishing. www.saga.co.uk
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