Wilmington wraps £65m loan with Barclays, HSBC & RBS

30 Jun 2011

UK business training and information firm Wilmington has refinanced its bank facilities almost a year before its maturity date with a new £65m five year deal.

Barclays Corporate, HSBC and Royal Bank of Scotland provided the new loan.

The outstanding £70m loan was signed in 2007 and matures in March 2012. The same three banks participated in the existing revolver.

In the six months ending in December 2010, Wilmington reported Ebitda of £7.3m, with ...

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