GuocoLeisure: British Unit Signed GBP200 Million Worth of Revolving Credit Facility with DBS Bank
27 November 2014 - 9:10PM
Dow Jones News
By Gaurav Raghuvanshi
SINGAPORE--GuocoLeisure Ltd. (B16.SG) said Thursday its British
unit GLH Hotels Ltd. has signed a deal with DBS Bank Ltd. for a 200
million pound (US$315.8 million) credit facility.
Under the agreement, GLH Hotels will be able to use the
revolving credit facility to raise term and multiple-currency
loans, GuocoLeisure said in a statement to Singapore Exchange.
Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com
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