Refinancing deal will enable food ingredients firm to pay off some debts
Liverpool-based bakery ingredients business Real Good Food has secured £8.87m in a refinancing package which will allow it to repay some of its debt facilities.
The firm has received the funding boost from Leumi ABL Limited.
It said it will pay off certain debt facilities provided by its three major shareholders, NB Ingredients Limited (Napier Brown), Omnicane International Investors Limited, and certain funds managed by Downing LLP.
The facilities comprise a £5.45m receivables facility, a £1.3m term loan facility - each w... 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...