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ProService Building Services Marketplace plc Completes Refinancing of Existing Debt Facility

MT Newswires·07/20/2026 12:25:44
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12:25 PM EDT, 07/20/2026 (MT Newswires) -- ProService Building Services Marketplace plc (PRO.L) completed the refinancing of its existing debt facility after receiving shareholders' approval at a July 17 general meeting. The refinancing comprises up to 25 million pounds sterling in floating-rate secured convertible loan notes due 2031 and a 35 million-pound asset-based lending revolving credit facility, according to a Monday release. The company's debt facility has now been fully repaid. The building services marketplace said it used some of the proceeds to repay the 37.9 million pounds outstanding under its senior facilities and associated revolving credit facility, which are due on Sept. 30.