RK Harrison in £30m refinancing deal

Money - pound coins

RK Harrison Group (RKH) has secured a £30m refinancing deal with Clydesdale Bank and Royal Bank of Scotland (RBS).

The deal sees Clydesdale Bank and RBS each holding 50% of the funding, and replaces RKH’s £23m debt facility.

Paul Hambrook, a director in Clydesdale Bank's corporate banking team, said: “RKH has positioned itself as one of London’s foremost insurance brokers via a carefully targeted strategy of ongoing acquisition.

“The quality and breadth of the services the firm offers to the market across its four divisions have been instrumental in enhancing their reputation in the sector and we are pleased

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