Irwin Mitchell secures £60m funding deal

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LAW firm Irwin Mitchell has secured £60m with three major UK banks to fund its strategic growth plan.

The four-year finance package, which also includes a £30m ‘accordion’ facility for further finance if required, was agreed with HSBC’s Yorkshire corporate team along with Lloyds Bank Commercial Banking and Royal Bank of Scotland. Group chief executive John Pickering described it as a clear show of support from the firm’s banking partners.

John Foley of PTSG

PTSG’s results are set to be in line with board’s expectations