Finance

McKay agrees £180m RCF

By 2019-04-08T06:54:00

Money £50 notes

Source: Shutterstock/Claudio Divizia

McKay Securities has agreed a £180m revolving credit facility (RCF) to replace three current bilateral facilities totaling £125m.

The refinancing, which matures in five years, has been agreed with a syndicate of lenders consisting of Lloyds Bank, Barclays, NatWest and Santander banks.

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