RateGain Travel Technologies announces that its UK subsidiary has prepaid USD 19 million of its loan, along with an instalment of USD 6.25 million, on February 5, 2026. Following the prepayment, the outstanding loan amount is reduced to USD 99.75 million. The guarantee provided by the company shall also be reduced to align with the new loan amount.
Loan Prepayment Announcement
RateGain Travel Technologies Limited announces a significant loan prepayment by its UK subsidiary, RateGain Technologies Limited, UK. On February 5, 2026, the subsidiary prepaid USD 19 million of its outstanding loan. An additional loan instalment of USD 6.25 million was also paid on the same date.
Impact on Outstanding Debt
Following the prepayment and instalment, the outstanding loan/debt balance now stands at USD 99.75 million. This represents a substantial reduction from the original credit facilities of USD 125 million. The reduction in outstanding debt will positively impact the company’s financial position.
Guarantee Adjustment
The corporate guarantee issued by RateGain in relation to the loan facility will also be reduced to reflect the decreased outstanding balance. This adjustment ensures that the guarantee aligns with the current terms and conditions of the facility agreement. The changes are in accordance with the terms of the Facility Agreement.
Source: BSE
