Home About Us Newsroom

Marex Spectron increases working capital facility

May 1, 2018

Marex Spectron has increased its working capital facility to $125 million from $115 million, with Allied Irish Bank (AIB) expanding the size of its commitment to $25 million from $15 million.

The committed facility, which has been extended for a further year, also includes Lloyds Bank, Bank Leumi UK, Industrial and Commercial Bank of China Limited London Branch (ICBC) and Barclays Bank. In addition to increased size, the facility has been enhanced by the addition of a swing line, providing same day liquidity for improved cash management.

Related News

Corporate News

Marex Group plc announces launch of initial public offering

April 15, 2024

Marex Group plc (“Marex”), the diversified global financial services platform, today announces that it has launched the initial public offering (the “IPO”) of its […]

Marex Group plc announces filing of registration statement for proposed initial public offering

March 26, 2024

Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration […]

Marex strengthens board with appointment of John W. Pietrowicz

March 12, 2024

Marex, the diversified global financial services platform, today announces that John W. Pietrowicz has been appointed to the Group Board and is expected to […]