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Feb 22 2021, 07:25 GMT
Hostelworld
Financial security underpinned by new €30m debt facility
- Sectors : Travel IT Services
- Companies : Hostelworld
DAVY VIEW
The agreement on this facility is a positive development for Hostelworld (HSW) shareholders. It underpins the group's medium-term financial security and gives it the breathing room to capitalise on demand improvements when they, eventually, happen. Even when considering the issuance of warrants, the cost is also lower than we anticipated.
