Marex Spectron increases working capital facility to $165 million

March 6, 2019

Marex Spectron has increased its working capital facility to $165 million from $125 million. The committed facility also has a $35 million swing line that provides same day liquidity for improved cash management.

 

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Marex Spectron has increased its working capital facility to $165 million from $125 million as Lloyds Bank, Bank Leumi UK, Industrial and Commercial Bank of China Limited London Branch (ICBC) and Barclays Bank expanded their individual commitments to $35 million from $25 million.

The committed facility, which also includes Allied Irish Bank (GB), has a $35 million swing line that provides same day liquidity for improved cash management.

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