Brief: Holmes Investment Properties Secures £75 Million Financing Facility

Holmes Investment Properties

31/01/2020 11:48

Jan 31 (Reuters) - HOLMES INVESTMENT PROPERTIES PLC
 J16.BE :
    * £75M GBP FACILITY SECURED FOR THE ROLL OUT OF FAMILY
ENTERTAINMENT CENTRES
    * HAS SECURED A DEBT FACILITY OF £75M FOR DEVELOPMENT OF ITS
ACTIVE FAMILY ENTERTAINMENT CENTRES IN UK
    * FACILITY WILL BE DEPLOYED ON ROLL OUT OF SITES FOR
EVERYONE
ENTERTAINED AND WILL BE SUPPLEMENTED WITH FURTHER EQUITY
INVESTMENT AND, AS BUSINESS PROGRESSES, MORE TRADITIONAL
COMMERCIAL DEBT
    * WE NOW LOOK FORWARD TO MOVING ON WITH DEVELOPMENT OF
PROJECTS IN
2020

Source text for Eikon:  ID:nEQ1Tw07Ha 
Further company coverage:  J16.BE 

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