IN BRIEF: Braime agrees GBP2 million loan to fund HQ roof work
23rd May 2025 12:18
Braime Group PLC - Leeds, England-based metal press work manufacturer - Executes loan agreement with HSBC Holdings PLC for a GBP2 million loan to finance the oil can roof replacement at its headquarters in Leeds. The loan incurs an interest rate of 2.5% above the Bank of England base rate and is for the shorter period of either 18 months or the completion of the roof project. Says it intends to convert the loan to a five-year loan on completion of the roof project, on terms yet to be agreed. Read More