CLIN Financial Position16 Aug 2017 18:08
Group had a total bank facility of £126.5m, consisting of a five year term repayment loan of £31.5m which matures in June 2020 and a Revolving Credit Facility ('RCF') of £95.0m which is available until June 2020 and is renewable on a monthly basis. Covenant terms apply to the bank facilities comprising Interest Cover and Adjusted Leverage covenants.
They have access to cash and also stated shares will be issued as well.
I believe this is a done deal...