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Xchanging Signs GBP125M Revolving Credit Facility

4th Feb 2014 11:29

LONDON (Alliance News) - Business processing, technology and procurement services company Xchanging PLC Tuesday said it has signed a GBP125 million revolving credit facility maturing in June 2018 with an unnamed bank.

The new enlarged facility will support Xchanging's growth ambitions over the next few years and replaces the existing GBP75 million revolving credit facility that was due to mature in August 2015, the firm said.

The stock was trading at 176.67 pence Tuesday morning, down 1.1 pence or 0.6%.

By Anthony Tshibangu; [email protected]; @AnthonyAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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