In addition to raising £11 million from Bank of Scotland and others in the form of a term loan to fund the buyout of the Media Square agencies from the administrators, MSQ Partners has raised an additional £5 million from the bank in the form of a revolving loan facility, presumably to meet working capital needs of subsidiaries. The bank has also provided an unspecified overdraft facility to group companies.
This is only a brief excerpt from the article. To read it in full please follow the instructions below: If this article is shown as FREE on the Home Page...
You must Register now to continue reading it. You will also gain full access to our other FREE articles on the marketing communications industry. Register — Already registered? Just log in If this article is not shown as FREE... You will need to become a subscriber to continue reading it. We offer two choices: If you’ve previously bought single articles on a "Pay per Article" basis, you’ll still have access to them. However, this option is no longer available for future purchases. Subscribe — Already a subscriber? Just login
