2nd Jul 2015 08:07
LONDON (Alliance News) - Wilmington PLC on Thursday said it has reached a deal to extend its GBP65 million revolving credit facility.
The company, which provides risk and compliance, finance, legal and insight services, said it has agreed with lenders Barclays Bank PLC, HSBC Bank PLC and Royal Bank of Scotland PLC to extend the deal to July 2020.
The extension also provides for an accordion option on the facility, by which it could be extended to GBP100 million.
Shares in Wilmington were down 1.1% to 257.00 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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