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Gusbourne renews loan facility with Barclays

By Josh White

Date: Friday 16 Nov 2018

Gusbourne renews loan facility with Barclays

(Sharecast News) - Gusbourne announced on Friday that it has renewed its existing loan facility of £2.03m with Barclays Bank for a further three years.
The AIM-traded firm said the facility carried interest at an annual rate of 3% over the Bank of England's base rate.

"The loan also remains secured over the group's assets by way of a fixed charge over its land and buildings at Appledore, Kent and a floating charge over all other property and undertakings."

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