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Conygar Investment Co Plc
Completion of Debt Facility Restructuring
Business
Apr 1 2026
5 min read

Completion of Debt Facility Restructuring

 

 

  1 April 2026

THE CONYGAR INVESTMENT COMPANY PLC

Debt facility restructuring

 

The Conygar Investment Company PLC ("Conygar"), the property investment and development group, announces the completion of its debt facility restructuring in connection with the loan provided by Barclays Bank PLC ("Barclays") to a wholly owned subsidiary of the Company.

The restructuring retains the loan facility at £38.8 million, following a £3.9 million part repayment in December 2025, caps the loan to value covenant at no more than 60% and extends the final repayment date to 31 March 2027. This will enable the further letting and stabilisation of Winfield Court, the student accommodation development at The Island Quarter in Nottingham, which in addition to 1 TIQ, the food, beverage and events venue in Nottingham, provides security for the loan.

Robert Ware, Chief Executive of Conygar, commented:

"We are delighted to have extended the loan facility with Barclays which will enable the continuing stabilisation of our student accommodation throughout the 2026-2027 academic year."

 

Enquiries:

The Conygar Investment Company PLC

Robert Ware / David Baldwin: 020 7258 8670 

Panmure Liberum (Nominated Adviser and Broker)

Chris Clarke / Jamie Richards: 020 3100 2185

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Sam Livingstone: 07769 655437