1st Apr 2015 13:49
LONDON (Alliance News) - Gresham House PLC Wednesday said it has agreed a deal with the Co-operative Bank to extend its GBP3.278 million loan financing deal without any change to its terms.
According to Gresham House, the bank also agreed to advance a further GBP372,000 that will be used to fund capital expenditure to make improvements to the company's property at Southern Gateway, Speke in Liverpool, England.
The enlarged facility will run for two years from drawdown, Gresham House said.
The company said it has no other loan facilities.
Gresham House shares were down 0.7% at 283.01 pence on Wednesday.
By Samuel Agini; [email protected]; @samuelagini
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