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McBride Secures New Refinancing for Growth
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McBride Secures New Refinancing for Growth

McBride (GB:MCB) has released an update.

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McBride plc has successfully refinanced its banking facilities with a €200 million Revolving Credit Facility, enhancing financial flexibility and removing previous restrictions on shareholder distributions. The new arrangement, which is sustainability-linked, includes improved terms and potential expansion for future acquisitions. This move underscores McBride’s commitment to sustainable growth and strengthens its financial position for upcoming strategic initiatives.

For further insights into GB:MCB stock, check out TipRanks’ Stock Analysis page.

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