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Sportech Secures £90m Banking Facility

4th January 2010 8:53 am GMT

Looking to pursue future business development opportunities, New Football Pools operator Sportech plc has agreed a revised £90.75 million banking facility with its lending bank, Lloyds Banking Group, providing the company with the flexibility to develop its own business as well as providing for any future acquisition opportunities.

The principal terms include revised banking facilities of £90.75 million, comprising £87.75 million of senior facility loans with a maturity date of June 30th 2013 and a £3.0 [...]

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