University of Manchester signs virus liquidity revolver and negotiates PP covs

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University of Manchester signs virus liquidity revolver and negotiates PP covs

Mike Turner
February 02, 2021 12:30 pm
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Street sign on Fairfield street indicating City Center, Piccadilly Gardens and Universities Palace Theatre. Typical architecture in the background. | MagdalenaPaluchowska - stock.adobe.com

The University of Manchester has signed a £250m revolving credit facility, following up a recent private placement covenant amendment with new debt to mitigate coronavirus pandemic risks.

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