Housebuilder signs 拢50m extension to 拢125m revolving credit facility

Bovis Homes

Bovis Homes has signed a further 拢50m funding commitment to 鈥渢ake advantage鈥 of opportunities in the housebuilding market.

The housebuilder has signed a 拢50m extension to the 拢125 million committed revolving credit facility agreed in January 2013, taking the facility to 拢175m in total.

The 拢50m extension, with the existing syndicate banks, expires in December 2015 with the remaining 拢125m expiring in March 2017.