IN BRIEF: Majedie secures GBP15 million loan from BNP Paribas
Majedie Investments PLC - London-based investment trust aiming for long-term capital growth with regular dividends - Enters a one-year revolving credit facility with BNP Paribas SA. Says the loan is worth GBP15 million in total and supports a more flexible approach to leverage. The loan replaces a structural gearing facility for GBP20.7 million at 7.5%, repaid as of March 31. Read More