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First Milk secures ￡120m refinancing deal to fund expansion
date:Sep 15, 2012
First Milk, a leading dairy farmer co-operative in the UK, has secured a 120m refinancing deal to fund its expansion into the food sector over the next three years.

The deal was provided by Lloyds TSB Commercial Finance and Barclays, which offered a 130m funding package to the co-operative in 2009, to facilitate its long-term expansion into functional foods sector.

First Milk finance director Ian Forgie was quoted by the BBC as saying that the co-operative received support from Lloyds and Barc

12/22 05:33