Bovis secures funding

Sept. 1, 2013
Bovis Homes has secured a further £50 million of funding, bringing “additional financial flexibility” to the business. The housebuilder has agreed a £50 million extension to its £125 million committed revolving credit facility which was agreed in January, increasing the facility to £175 million. The extension – agreed with existing syndicate banks – expires in December 2015, while the remaining …

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