Irwin Mitchell takes out £60m bank loan to fund growth strategy

Irwin Mitchell has secured a four-year, £60m bank loan with three major UK banks to support its strategic growth plan.

Irwin Mitchell has secured a four-year, £60m bank loan with three major UK banks to fund its strategic growth plan.

The loan, which also includes a £30m ‘accordion’ option facility for further capital, was underwritten by HSBC, Lloyds Bank and the Royal Bank of Scotland, and hailed by the firm as a vote of confidence in its business plan.

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