Halma increases credit facility

29th Nov 2013 07:08

Halma on Friday said it has increased and extended its syndicated revolving credit facility with its existing core group of banks.The safety, health and environmental technology group's facility has been increased to £360m from £260m and the term extended to November 2018 from October 2016."I am pleased that Halma has amended and extended the existing credit facility, providing the group with increased financial capacity to operate within its existing business model for the medium term," said Finance Director Kevin Thompson. RD