Sweet Secures New Debt Worth GBP9.5 Million To Replace Old Facility

LONDON (Alliance News) - Sweet Group PLC Friday said it has decided to accept the GBP9.5 million debt facility offered to the business last month by asset management and construction consultancy firm Currie & Brown.

The construction service provider said the facility, originally offered to company on June 24, has been utilised in full and, as a result, the working capital facility provided by the Bank of Scotland has been repaid in full.

Sweet shares were trading up 0.3% to 40.50 pence per share on Friday morning.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

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