RQIH.L Regulatory News (RQIH)

10 Jan 2008 12:47

Randall & Quilter Inv Hldgs PLC10 January 2008 10 January 2008 Randall & Quilter Investment Holdings plc ("Randall & Quilter" or the "Company") Restructuring of Banking Facilities Randall & Quilter has completed the restructuring of the Company's loanfacilities in accordance with its intentions set out in the Admission Documentpublished in December. The new loan arrangement has been provided by The Royal Bank of Scotland and isa £20 million revolving credit facility which will be utilised alongside theCompany's own resources to fund acquisitions of further non-life insurancecompanies in run-off. Commenting on the new arrangement Alan Quilter, Finance Director, said "The newfacility is a welcome endorsement of our financial quality, especially in acautious lending market". ENDS Further information can be found at www.rqih.co.uk. Enquiries: Randall & Quilter Investment Holdings plc Ken Randall Tel: 020 7780 5945 Mobile: 07831 145440Alan Quilter Tel: 020 7780 5943 Mobile: 07773 428617 Noble & Company LimitedJohn Riddell Tel: 020 7763 2200 Mobile: 07854 041636 Polhill CommunicationsPJ Lewis Tel: 07932 351704 pj_lewis@polhill.com This information is provided by RNS The company news service from the London Stock Exchange