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SMS Smart Metering Systems Plc

952.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Smart Metering Systems Plc LSE:SMS London Ordinary Share GB00B4X1RC86 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 952.00 954.00 957.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Smart Metering Systems Gets GBP280 Million Loan

13/03/2017 7:52am

Dow Jones News


Smart Metering Systems (LSE:SMS)
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LONDON--Smart Metering Systems PLC (SMS.LN) said Monday it got a loan of 280 million pounds ($337.4 million) from a syndicate of banks, which includes Barclays Bank PLC (BARC.LN), Santander U.K. PLC, and others.

This loan replaced the company's GBP150 million loan announced in March last year, it said.

The money will be used to invest in the company's assets and accelerate growth, Smart Metering said.

 

-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

 

(END) Dow Jones Newswires

March 13, 2017 03:37 ET (07:37 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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