Smart Metering Systems Gets GBP280 Million Loan
13 März 2017 - 8:52AM
Dow Jones News
LONDON--Smart Metering Systems PLC (SMS.LN) said Monday it got a
loan of 280 million pounds ($337.4 million) from a syndicate of
banks, which includes Barclays Bank PLC (BARC.LN), Santander U.K.
PLC, and others.
This loan replaced the company's GBP150 million loan announced
in March last year, it said.
The money will be used to invest in the company's assets and
accelerate growth, Smart Metering said.
-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter
@OlgaCotaga
(END) Dow Jones Newswires
March 13, 2017 03:37 ET (07:37 GMT)
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