Real Good Food to invest £7m in Liverpool site
Baking ingredients business Real Good Food has raised £15.5m of expansion capital - half of which will be invested in it's Renshaws manufacturing plant in Liverpool.
The cash has come from a new investor and two existing shareholders, through both debt finance and new equity.
It will be raised through the issue of a secured loan note, redeemable after three years, of up to £8.75m from funds managed and controlled by Downing LLP. Downing funds will also buy 10% of the shares in Real Good Food at 35p a share, raising a further Â... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
