06 Mar 2019
Marex Spectron increases working capital facility to $165 million
06 Mar 2019
Marex Spectron increases working capital facility to $165 million
Marex Spectron has increased its working capital facility to $165 million from $125 million as Lloyds Bank, Bank Leumi UK, Industrial and Commercial Bank of China Limited London Branch (ICBC) and Barclays Bank expanded their individual commitments to $35 million from $25 million.
The committed facility, which also includes Allied Irish Bank (GB), has a $35 million swing line that provides same day liquidity for improved cash management.
