Ageas Retail secures £150m loan facility
Broker said money is needed to help it achieve growth strategy.
Ageas Retail has secured a £150m syndicated revolving loan facility arranged and lead by RBS Invoice Finance.
The broker said a finance partner was needed to help it achieve an ambitious three-year growth and simplification strategy.
Nick Lemans, finance director of Ageas Retail, explained: "This is quite a landmark deal for Ageas Retail and one which required a complex financial solution in place to allow us, as a business, to merge our IT systems and streamline multiple entities into one
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