Saga plc announced the conclusion of discussions regarding options to increase financial flexibility. The Group has reached agreement to amend covenants on the term loan and revolving credit facilities and the agreement, which is expected to complete next week, of a one-year extension to the debt deferral on its cruise ship facilities. Given the backdrop of continued disruption to the Travel business, the actions taken provide sufficient headroom should the period of Travel suspension, which is subject to government guidance, continue well into the second half of the year.