By Tanya Ashreena2017-04-03T08:58:00
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.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.