24th Feb 2015 08:48
LONDON (Alliance News) - Empiric Student Property PLC on Tuesday said it has agreed an amended financing facility with The Royal Bank of Scotland Group PLC.
Under the terms of the amended facility, RBS will make a revolving GBP55.5 million term loan facility available to Empiric. The new facility is upsized from the GBP35.5 million term loan Empiric agreed with RBS in October last year.
Empiric shares were down 0.3% to 106.083 pence in early trade on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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