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GLI Finance secures £30m borrowing facility

GLIF : GLI Finance secures £30m borrowing facility

GLI Finance has announced that it has arranged a borrowing facility with Sancus, one of the platforms it is invested in. Under the terms of the facility it can draw down £10m initially and a further £20m at a later date.

The interest rate on the facility is 11% and the facility matures on 15 March 2015.

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