Finance

Picton agrees £50m credit facility

By 2020-06-01T07:23:00

Picton Tower Wharf in Bristol

Picton has agreed a new £50m revolving credit facility (RCF) to replace two existing facilities that were due to expire this month.

The new facility is for an initial term of three years with the option of two, one-year extensions and is secured on the same eight assets as the previous RCF. 

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