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Rangers International FC Enters Two Short Term Credit Facilities

Tue, 25th Mar 2014 14:26

LONDON (Alliance News) - Rangers International Football Club PLC Tuesday said that it has entered into two secured short term credit facilities for a total of up to GBP1.5 million.

The Scottish football club said that the credit facilities were provided by Laxey Partners Ltd to the amount of GBP1 million, and Alexander Easdale to the amount of GBP500,000.

Rangers International FC shares were up 1.6% at 31.99 pence per share Tuesday afternoon.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty

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