StockMarketWire.com - Testing and maintenance services company investor Marlowe said it had signed a new and enlarged revolving credit facility with HSBC and National Westminster Bank.

The facility replaced the company's existing £18m facilities and comprised a three-year, £30m revolving credit facility and an additional accordion facility of £15m.

At 30 September, Marlowe had net cash of £4.9.

The new facility would provide further resources to support an acquisition-led growth strategy, the company said.




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