5th Jun 2019 08:53
LONDON (Alliance News) - Amigo Holdings PLC on Wednesday said it has agreed to increase the size of its securitisation facility to GBP300 million.
The FTSE 250-listed lender said the increase of the facility - which has a minimum three-year term - is due to complete on Thursday. The company intends to use drawdowns from the facility for general corporate purposes and the potential repayment of indebtedness.
Amigo shares were trading 0.9% higher at 278.50 pence each on Wednesday morning.
Related Shares:
Amigo