By Frances Ivens2018-08-03T07:23:00
Countrywide shares crashed 62.8% on Thursday to 18.5p after the company announced an emergency capital raising, heavily discounting its shares to 10p for the offering.
The company’s refinancing plan also includes an amended four-year revolving credit facility maturing in September 2022.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.