Daisy’s chain grows as Barclays joins syndicate

Business telecoms company Daisy Group has added Barclays Capital to the syndicate of banks on its existing credit facility, increasing the line by £40m to £115m.

  • 11 Feb 2011

The loan, which matures in June 2013, was signed last June as a £75m facility with HSBC, Lloyds TSB and Yorkshire Bank. The revolver is used for working capital purposes, to finance future acquisitions and to repay existing debt.

The UK company, which in the first half of ...

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4 Barclays 2,853 9 5.55
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