4th Jun 2018 09:25
LONDON (Alliance News) - FTSE 250-listed Pantheon International PLC said Monday it signed a new GBP175 million multi-currency revolving credit facility with Lloyds Bank PLC and Natwest Markets PLC.
The new credit facility, which will last for four years, has replaced the GBP150 million loan facility agreement set to expire in November.
"The new loan facility provides a margin of additional assurance that the company has the ability to finance its unfunded commitments in the future," the company said.
Shares in the private equity investor fund were trading 0.6% higher at 2,021.10 pence on Monday.
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