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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Non-standard Finance Plc | LSE:NSF | London | Ordinary Share | GB00BRJ6JV17 | ORD GBP0.05 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNSF
RNS Number : 5663Z
Non-Standard Finance PLC
03 September 2018
Non-Standard Finance plc
('Company' or the 'Group')
Additional debt facilities
3 September 2018
As referenced in the Group's half year results announcement on 2 August 2018, the Company is pleased to announce that it has now completed on the GBP70m of additional debt funding, taking the Group's total facilities to GBP330m.
The additional facilities comprise an increase of GBP60m to the Group's existing term loan facility (the 'Term Loan'), provided by a group of institutional investors and led by Alcentra Limited. The increased facility is on the same terms as the Term Loan and is at the same interest rate of LIBOR plus 725 basis points per year with interest payable every six months. In addition, the Group has also secured a GBP10m increase in its existing revolving credit facility provided by Royal Bank of Scotland.
For more information:
Non-Standard Finance plc +44 (0) 20 3869 Peter Reynolds, Director, IR and Communications 9026
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
September 03, 2018 05:19 ET (09:19 GMT)
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