Phenna Group secures £148m funding boost to support acquisitions

Phenna Group has secured an additional £148m through an expansion of its existing term loan facilities as it looks to accelerate acquisitions and international growth.

The Nottingham-based testing, inspection, certification and compliance specialist said the financing was oversubscribed four times at par, with backing from both existing and new lenders.

Phenna said the transaction was one of the largest single-B euro ter... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...