Manolete Partners Secures Improved Credit Facility with HSBC

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Manolete Partners Secures Improved Credit Facility with HSBC

Manolete Partners Plc ( (GB:MANO) ) just unveiled an announcement.

Manolete Partners Plc has secured a new Revolving Credit Facility with HSBC UK Bank, maintaining the previous facility level of £17.5 million but with improved terms. The new agreement features a reduced interest margin and non-utilisation fee, reflecting confidence in Manolete’s business and strengthening its financial position until at least June 2028.

More about Manolete Partners Plc

Manolete Partners Plc is a leading UK-listed company specializing in insolvency litigation financing. The company focuses on providing financial solutions in the insolvency sector, leveraging its expertise to support legal proceedings and recoveries.

YTD Price Performance: -8.05%

Average Trading Volume: 27,014

Technical Sentiment Signal: Buy

Current Market Cap: £35.01M

See more data about MANO stock on TipRanks’ Stock Analysis page.

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