Investegate |Hostelworld Grp PLC Announcements | Hostelworld Grp PLC: Trading Update
Investegate announcements from Hostelworld Grp PLC, Trading Update
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Investegate announcements from Hostelworld Grp PLC, Trading Update
About Hostelworld Group Hostelworld Group, the global hostel-focused online booking platform, inspires passionate travellers to Meet The World, and come back with life-changing stories to tell. Our customers are not your average tourists; they crave cultural connection and unique experiences that we make possible by providing an unbeatable selection of hostels in unmissable locations - all in the palm of their hand. It is the social nature and community feel of hostels and their environment that enable travellers to embrace journeys of discovery, adventure and mean...
19 February 2021: Hostelworld, a leading global OTA focused on the hostel market, is pleased to announce that it has signed a €30 million five-year term loan facility with certain investment funds and accounts of HPS Investment Partners, LLC or subsidiaries or affiliates thereof. The facility will be used for general corporate purposes and materially strengthens Hostelworld's liquidity position. Hostelworld will draw down on this facility on 23 February 2021. · The facility is single drawdown and bears interest at a...
Investegate announcements from Hostelworld Grp PLC, Trading and financing update