Micro Focus secures new debt facility

Micro Focus International, the acquisitive legacy software firm, has agreed a new three-year banking facility with an enlarged group of banks for $275m.

Micro Focus International, the acquisitive legacy software firm, has agreed a new three-year banking facility with an enlarged group of banks for $275m.

The new facility, which will replace the existing $215m revolving credit facility, has been agreed with Barclays Corporate, Clydesdale Bank, HSBC, Lloyds TSB, and the Royal Bank of Scotland.

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