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Cairn Homes Secures EUR150.0 Million Senior Debt Facility

1st Dec 2015 08:00

LONDON (Alliance News) - Cairn Homes PLC on Tuesday said it has agreed a new EUR150.0 million senior debt facility with Allied Irish Banks PLC.

The new facility has a term of four years and is secured against a corporate level debenture.

The Irish homebuilder will use the facility to fund "acquisitions and growth".

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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