Kier Group PLC - Manchester, England-based infrastructure services, construction and property - Plans to offer £250.0 million in five-year senior notes, as part of a wider refinancing of debt facilities. Says the interest rate and offering price will be determined at the time of the pricing of the notes. Last month, Kier said it has a ‘modest’ net cash position as of the end of 2023, improved from £131 million in debt a year before.

Current stock price: 128.80 pence

12-month change: up 81%

Copyright 2024 Alliance News Ltd. All Rights Reserved.