Browne Jacobson advises Yorkshire Bank on £25m finance deal
Browne Jacobson has advised Yorkshire Bank on the terms of a new £25m revolving credit facility for Kettering based consumer marketing and services business, NAHL.
The new funding package will be used to repay the current £9.4m term loan and replace the existing £5m RCF. It will also be used by the AIM-listed company, which owns the National Accident Helpline brand, to support the Group’s long-term business strategy across its three core divisions – personal injury, residential property and critical care.
Browne Jacobson’s banking & finance specialist Adriana Klincova and Shaun McCabe led on the deal, advising Mark Smith from Yorkshire Bank’s Corporate and Structured Finance team.
