Credit deal offers respite for under siege Carillion
Under siege Carillion has offered investors some positive news after agreeing new committed credit facilities.
The Wolverhampton company, which has endured the summer from hell after a dire profits warning, said last month that it had agreed a £140m credit facility with five of its core lenders.
In an announcement today, the group said it had signed two further committed facilities, totalling £140m. This additional liquidity is fully available to draw down now. It comprises a £40m senior secured revolving facility maturing on... 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...
