Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Jon Robinson

B&M agrees new deal with seven banks to secure £450m

B&M has agreed a new deal with seven banks to secure £450m in possible funding.

The Liverpool-headquartered discount retail giant revealed to investors on Monday that it has completed a refinancing of its bank facilities.

The syndicate of seven unnamed banks have agreed to provide B&M a £225m term loan and a £225m revolving credit facility (RCF).

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.