Repurchase of $75m debt

RNS Number : 1237I
Indivior PLC
07 December 2015
 

INDIVIOR PLC (the 'Company')

 

REPURCHASE OF $75M DEBT

 

Indivior PLC has reached agreement to buy back a total of $75m of its syndicated debt in the market at a discount, retiring this debt early over the coming days.  This reflects the Company's strong cashflow in 2015, and the relatively high cost of the debt.  As a result, the debt at the year-end is expected to be of the order of $635m - $645m, offset by cash of $415m - $425m.

 

ENDS


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Indivior (INDV)
UK 100

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