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ICFG Secures Lender Waiver for $23 Million Loan Amount

MT Newswires·07/10/2026 06:25:22
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06:25 AM EDT, 07/10/2026 (MT Newswires) -- ICFG (ICFG.L) obtained a waiver from one of its lenders that protects the financial services group from cross-default provisions due to any covenant breaches until Aug. 31, 2027. The waiver covers the outstanding borrowing of $23.3 million as of June 30, 2026, according to a Friday filing. The company said the amount corresponds to 13.3% of total lender exposure impacted in the covenant breaches as of Dec. 31, 2025.