WYG enters £25m credit deal with HSBC

20th Jul 2015 09:48

(ShareCast News) - WYG has secured a £25m cross-currency revolving credit facility with HSBC.The project management and technical consultancy firm said the deal would replace its current trade finance facility with Santander."We are delighted to have secured this new facility with HSBC which not only provides WYG with additional working capital headroom but, more importantly, can be used as a catalyst to accelerate growth, both organic and acquisitive," said chief executive Paul Hamer.