Centralnic Group PLC

CentralNic Group 'moving into the next league' after debut €50mln bond issue

CentralNic Group PLC's (LON:CNIC) Ben Crawford caught up with Proactive London's Andrew Scott soon after raising €50mln through its debut senior secured bond issue.

Crawford says he's delighted with the response to the bond issue which was supported by a wide range of debt investors globally.

Funds from the bonds will help replace existing debt facilities and pay for a couple of recent acquisitions - including TPP worldwide, an Australia-based domain name resale platform. 

Quick facts: Centralnic Group PLC

Price: £0.51

Market: LSE
Market Cap: £92.71 m

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Full interview: CentralNic triples revenue to 50m and lifts ebitda to 5m

CentralNic Group (LON:CNIC) has reported a tripling of underlying revenue and earnings and said it's confident that full-year results will be at around the top end of current market forecasts. CEO Ben Crawford dropped by Proactive London studios to also explain that the pipeline of future deals...

2 weeks, 4 days ago

2 min read