Ardonagh issues fresh debt as H1 losses narrow
The loss-making Ardonagh Group issued a £98.5mn bond to settle its bank overdraft facilities and provide new M&A “firepower”, while its pre-tax losses fell to £38.2mn in the first half of 2018, down from £60.3mn this time last year.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below