By Tanya Ashreena2017-04-03T08:58:00
Source: freeimages.com
Shares in Safestay jumped 8.04% on Friday after the hostel operator agreed an £18.4m refinancing with HSBC and completed a sale-and-leaseback deal on its hostels in Edinburgh and Elephant & Castle, raising gross cash proceeds of £12.6m.
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