Kingswood Holdings Limited (GB:KWG) has released an update.
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Kingswood Holdings Limited, a wealth and investment management group, has announced a new £6.0m debt facility to meet short-term obligations from past acquisitions, with repayment terms set for 2030 at a 12% interest rate. The company has seen its UK & Ireland Assets under Management and Advice (AuM/A) grow to £9.8bn, despite some outflows due to wealth advisor departures, and expects to announce its interim financial results soon.
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