York­shire Bank joins bank­ing club with £50 mil­lion fund

The Pak Banker - - Company & Boss News -

LONDON: Ox­ford In­stru­ments has se­cured a £50m re­fi­nanc­ing pack­age that it says will help fund fu­ture ac­qui­si­tions. The provider of high-tech tools and sys­tems for re­search and in­dus­try se­cured the fund­ing from York­shire Bank Cor­po­rate & Struc­tured Fi­nance in Mid­lands. The deal will re­place the com­pany's ex­ist­ing credit fa­cil­i­ties. York­shire Bank is part of Ox­ford In­stru­ments' 'bank­ing club' that also in­cludes HSBC and San­tander. The York­shire Bank team was led by Peter Cor­co­ran, cor­po­rate area di­rec­tor with Cor­po­rate & Struc­tured Fi­nance in Birm­ing­ham, and cor­po­rate di­rec­tor Jamie Stu­art. I have been par­tic­u­larly im­pressed by their pro­fes­sion­al­ism and speed of re­sponse and look for­ward to de­vel­op­ing our re­la­tion­ship in years to come." -PB News

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