MS INTERNATIONAL PLC — Capital/Financing Update 2020

Mar 2, 2020

National Storage Mechanism | Additional information

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RNS Number : 7421E

Micro Focus International plc

02 March 2020

02 March 2020

Micro Focus International plc

Update on proposed term loan refinancing

Micro Focus International plc ("Micro Focus" or the "Company") today announces that due to adverse market conditions it has decided to postpone the proposed refinancing of its existing Senior Secured Term Loan B due November 2021 and extension of the existing Revolving Credit Facility.

The Company intends to relaunch the refinancing once market conditions improve.

Enquiries:

Micro Focus                                                     Tel: +44 (0)1635 32646

Stephen Murdoch, CEO                                     Investors@microfocus.com

Brian McArthur-Muscroft, CFO

Ben Donnelly, Investor relations

Brunswick                                                           Tel: +44 (0) 20 7404 5959

Sarah West                                                           MicroFocus@brunswickgroup.com

Jonathan Glass   

Notes to Editors:

About Micro Focus

Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000.  Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com

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