Ensilica PLC (GB:ENSI) has released an update.
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EnSilica PLC has secured a new debt facility of up to £9 million from Lloyds Bank Group, aimed at refinancing its existing loans and supporting its working capital. This financial move provides the company with increased flexibility to capitalize on its business pipeline and reduce borrowing costs. The facility includes a term loan and a revolving credit option, enhancing EnSilica’s financial stability.
For further insights into GB:ENSI stock, check out TipRanks’ Stock Analysis page.
