Randall & Quilter Inv Hldgs PLC
10 January 2008
10 January 2008
Randall & Quilter Investment Holdings plc ('Randall & Quilter' or the 'Company')
Restructuring of Banking Facilities
Randall & Quilter has completed the restructuring of the Company's loan
facilities in accordance with its intentions set out in the Admission Document
published in December.
The new loan arrangement has been provided by The Royal Bank of Scotland and is
a £20 million revolving credit facility which will be utilised alongside the
Company's own resources to fund acquisitions of further non-life insurance
companies in run-off.
Commenting on the new arrangement Alan Quilter, Finance Director, said 'The new
facility is a welcome endorsement of our financial quality, especially in a
cautious lending market'.
ENDS
Further information can be found at www.rqih.co.uk.
Enquiries:
Randall & Quilter Investment Holdings plc
Ken Randall Tel: 020 7780 5945 Mobile: 07831 145440
Alan Quilter Tel: 020 7780 5943 Mobile: 07773 428617
Noble & Company Limited
John Riddell Tel: 020 7763 2200 Mobile: 07854 041636
Polhill Communications
PJ Lewis Tel: 07932 351704 pj_lewis@polhill.com
This information is provided by RNS
The company news service from the London Stock Exchange
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