H&T Group plc entered into a note purchase and guarantee agreement for a private placement of non convertible debt for gross proceeds of £25 million on February 21, 2024. The transaction will include participation from new lender Pricoa Private Capital. The company will issue £10m secured notes at a fixed rate of 8.37% that fall due February 2029 and £15m secured notes at a fixed rate of 8.43% that fall due February 2031.