LONDON–(BUSINESS WIRE)–Manolete Partners PLC, the UK Insolvency litigation funding specialist,
is delighted to report that it has completed a £10m expansion financing.
The additional new funds from HSBC Bank provide Manolete Partners with a
£10m Revolving Credit Facility at a maximum margin of 2.75% above base
rate.
The new financing facility will be used to fuel the continued rapid
expansion of Manolete which currently has 211 insolvency litigation
case investments (60 ongoing) making Manolete Partners PLC the largest
litigation funding company in the Northern Hemisphere, by volume of
single case investments. Manolete has recently been short…
Read the full article at: https://www.businesswire.com/news/home/20180130006308/en/Manolete-Raises-£10m-Expansion-Capital-HSBC-Bank