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The Independent UK
The Independent UK
Business
Anna Wise

Crest Nicholson amends loan agreement after struggling housebuilder posts losses

Housebuilder Crest Nicholson has been granted extra time by its lenders as it works to fortify its balance sheet after falling into unprofitable territory.

The London-listed business confirmed that a temporary waiver covering a section of its credit arrangement has been prolonged until 30 November.

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