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Panther Securities Wraps Up Refinancing of Banking Facilities
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12:04 PM EST, 11/11/2026 (MT Newswires) -- Panther Securities (PNS.L) refinanced its banking facilities with HSBC UK Bank and Santander UK, extending agreements for four more years. The British property investment company said Wednesday that the amended facilities include a term loan worth 55 million pounds sterling and an 8 million-pound revolving credit facility. The deal comprises an up to 12 million-pound uncommitted accordion facility, subject to lender approval. The refinancing cut Panther's initial borrowing margin to 1.95% per year above the three-month Sterling Overnight Index Average, lowering annual interest costs by 192,500 pounds. Annual loan repayments also fell to 200,000 pounds.
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