Kingswood Holdings Limited (GB:KWG) has released an update.
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Kingswood Holdings Limited, an international wealth and investment management group, has announced securing an additional £3.0m debt facility to fuel its growth and capital needs. The terms include a repayment by October 2030 or upon an exit event and carry a 12% interest rate payable at maturity. The arrangement with HSQ INVESTMENT LIMITED, deemed fair by the Directors after consultation, is set to bolster Kingswood’s ambitions in becoming a sector leader.
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