The FINANCIAL — Barclays Corporate has led the refinancing for the existing syndicated bank facility for Wilmington Group plc lending £25m. The new facility will mature in February 2016.
Wilmington is one of the UK's leading providers of information and training for professional business markets. A dynamic and expanding company, the Group delivers information and training through publications, directories, databases and special reports for a variety of markets including the legal, health, accounting and pension sectors.
Basil Brookes, Finance Director, Wilmington Group plc said; “We are delighted that Barclays Corporate continues to support Wilmington in a long established relationship which goes back to 1991. The new facility will strengthen our financial position as we continue to take the Group forward.”
Peter Day, Relationship Director at Barclays Corporate added; “Wilmington Group has become one of the UK's premier providers of business information and professional training, and we’re delighted to be able to support their funding requirements. Our long standing relationship with the Group and established expertise in the business services sector enabled the team to demonstrate a clear understanding of the businesses needs.”