£65m refinancing at Hall & Woodhouse
Family brewer and retailer Hall & Woodhouse has completed a £65m bank refinancing.
Barclays Corporate co-ordinated the transaction and also acted as joint mandated lead arrangers with HSBC, Lloyds Bank Corporate Markets' south-west team and BNP Paribas Fortis.
Martin Scott, finance director at Hall & Woodhouse, said: "This is an important refinancing for us and we appreciate the continued support of Barclays Corporate, while welcoming HSBC and Lloyds to our newly-agreed funding arrangement.
"This deal will allow us to continue to grow our business, which currently employs more than 1,500 staff serving 100,000 customers per week across the region."
Paul Everingham, relationship director at Barclays Corporate, Bristol, said: "Hall & Woodhouse continues to impress us with its strategy in an industry that is experiencing ongoing change. Its success underlines the strength of Hall & Woodhouse's management team and operating model."
