15 May 2003

Crédit Lyonnais, HSBC and Royal Bank of Scotland have completed the syndication of the £140m five year revolving credit for Interserve.
Banks were invited at three levels: £20m for 30bp; £15m for 25bp; and £10m for 20bp.
The margin ratchets, linked to consolidated net borrowings to Ebitda, from 85bp to 115bp and opens at ...

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