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Birmingham Sports Holdings Expands Operating Loan Facility

Story Highlights
  • Birmingham Sports Holdings amends loan agreement, increasing facility to GBP150 million.
  • The transaction is a connected one under Hong Kong’s Listing Rules, enhancing operational capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Birmingham Sports Holdings Expands Operating Loan Facility

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Birmingham Sports Holdings Limited ( (HK:2309) ) has shared an announcement.

Birmingham Sports Holdings Limited has announced a significant amendment to its Operating Loan Agreement, increasing the loan facility from GBP100 million to GBP150 million. This amendment, involving BCL, BCFC, and SCL, is classified as a connected transaction under Hong Kong’s Listing Rules, reflecting the company’s strategic financial adjustments to enhance its operational capacity.

More about Birmingham Sports Holdings Limited

Average Trading Volume: 2,743,305

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.9B

Find detailed analytics on 2309 stock on TipRanks’ Stock Analysis page.

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