Barclays, HSBC take care of £120m Mears refi

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Barclays, HSBC take care of £120m Mears refi

Gloucester-based social housing repair and maintenance company Mears Group has signed a new £120m five year revolving credit facility to refinance an existing loan that was due to mature in June 2013. Proceeds from the facility will be used for general corporate purposes and to support Mears’ growth and acquisition plans, the company said.

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