Wealth manager Kingswood Holdings has agreed an £8.0 million unsecured debt facility with funds managed by Pollen Street Capital.
The facility agreement will be used to support the company’s capital requirements and growth agenda.
The headline terms of the agreement are: an £8.0 million facility; an expiry date of 17 October 2030 or earlier; and interest at 12 percent rolled up and paid at maturity.
Speaking about the firm's decision to introduce...
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