Edition:
United Kingdom

Home Capital Closes $500 Mln Committed Standby Secured Funding Facility With Bank Of Montreal And Royal Bank Of Canada


Friday, 29 Jun 2018 

June 29 (Reuters) - Home Capital Group Inc ::HOME CAPITAL CLOSES $500 MILLION COMMITTED STANDBY SECURED FUNDING FACILITY WITH BANK OF MONTREAL AND ROYAL BANK OF CANADA.HOME CAPITAL GROUP INC - LATEST CREDIT FACILITY REPLACES A $2 BILLION CREDIT FACILITY PROVIDED BY A UNIT OF BERKSHIRE HATHAWAY INC.HOME CAPITAL GROUP INC - DOES NOT INTEND TO DRAW ON LATEST CREDIT FACILITY IN ORDINARY COURSE OF BUSINESS.HOME CAPITAL SAYS CURRENT LIQUIDITY PROFILE PROVIDES "SUFFICIENT LIQUIDITY AND FUNDING FOR ITS BUSINESS ACTIVITIES".