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IN BRIEF: Marlowe Signs New, Enlarged Revolving Credit Facility

20th Nov 2020 18:16

Marlowe PLC - London-based safety & compliance services firm - Signs new, enlarged revolving credit facility with HSBC UK Bank PLC and National Westminster Bank PLC. The new facility replaces existing GBP45 million facility and comprises a three-year, GBP70 million revolving credit facility and an additional accordion facility of GBP20 million. Says enlarged debt facility will provide further resources to support ongoing targeted acquisition strategy.

Current stock price: 548.78 pence

Year-to-date change: up 9.1%

By Arvind Bhunjun; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Marlowe
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