Copying and distributing are prohibited without permission of the publisher
Lloyds signs debut borrowing base deal for Wessex Grain
08 February 2012
Lloyds Bank has signed a secured working capital facility for UK grain trader, Wessex Grain, as well as a secured capital expansion loan.
Lloyds Bank has signed a secured working capital facility for UK grain trader, Wessex Grain. The farmer-owned business trades with around 700 farmers on a regular basis.
The financing package, which is understood to be between £3 million-£8 million ($4.5 million-$12 million), consists of a borrowing base facility as well as a secured loan pledged against the firm’s existing assets including land and buildings....
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Taking a free trial will give you access to the latest news and analysis for seven days
(excluding some surveys and articles). Start your free trial today.