Castle Street has confirmed that it has now secured new bank facilities with The Royal Bank of Scotland. The group previously announced that it had agreed terms on a £7m RCF (with a £10m accordion) and £2m overdraft facility. Today’s announcement confirms that these facilities are now secured and in place. These facilities, when combined with the group’s £16.5m of available cash resources, provide the group with significant firepower with which to pursue its consolidation strategy. Post the rece ....
