Bank gives trou­bled lender Amigo more time

The Daily Telegraph - Business - - Business -

Amigo Loans has ex­tended a waiver with its bank which will al­low it to amend the terms of a £300m se­cu­ri­ti­sa­tion. The waiver was first an­nounced in May when Amigo said it had sus­pended some of the re­quire­ments on the fa­cil­ity as it tried to un­der­stand the im­pact that Covid-19 would have on the busi­ness.

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