StockMarketWire.com - GLI Finance has confirmed that, as announced on 162016, it has repaid the existing GBP30m Sancus loan facility and has entered into a new loan for GBP14.86m with a term of 1 year at a reduced interest rate of 8.75% (previously 11%).

It is the intention of the directors to refinance this new loan prior to maturity.




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