R K Harrison Holdings completes acquisition of Bowood Holdings

Insurance Age staff
01 Jan 2009

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R K Harrison Holdings has completed the acquisition of Lloyd's broker Bowood Holdings with the assistance of The Royal Bank of Scotland (RBS). RBS, through its financial institutions group and corporate leveraged finance team, has structured a debt facility to support RKHarrison's acquisition of Bowood Holdings. These two outfits will also be providing the company with a significant rolling credit facility.

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