Lancashire supermarket Booths refinances for growth (From Lancashire Telegraph)
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Lancashire supermarket Booths refinances for growth
3:24pm Thursday 8th September 2011 in Business
Lancashire supermarket chain Booths has refinanced its existing £56 million debt facility and extended its credit by a further £37 million to support its growth strategy, its adviser KPMG said.
The Preston-based business wants to invest in a new store opening programme, starting with Media City in Salford due to begin trading in October.
It has stores across Lancashire including Blackpool, Carnforth, Chorley, Clitheroe, Garstang, Hesketh Bank, Lancaster, Longridge, Lytham Morecambe and Preston.
