PARIS: Technical plastic products company Carclo PLC said it has secured a new five-year financing deal with HSBC Bank PLC.
Carclo said the GBP30 million, multi-currency revolving facility has been secured on broadly similar terms to the previous banking facility in place with HSBC and Lloyds Bank PLC.
It has also agreed a GBP10 million overdraft facility with HSBC. Shares in Carclo were up 0.2% to 136.00 pence.