Talent Group says chairman Terry Bate to provide 600,000 pounds loan to co

Date : 07/02/2008 @ 8:56AM
Source : TFN
Stock : Talent Group (TTV)
Quote : 7.5  0.0 (0.00%) @ 1:00AM
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Talent Group says chairman Terry Bate to provide 600,000 pounds loan to co

        LONDON (Thomson Financial) - Talent Group Plc. said its chairman Terry Bate
has committed to advance an unsecured loan of 600,000 pounds, to enhance the
working capital of the company and its units.
    The loan, to be made in 3 instalments of 200,000 pounds over next three
months, is for an indefinite period and will carry an interest rate at 1.75
percent over the Barclays Bank Plc. base rate, Talent Group said.
TFN.newsdesk@thomson.com
yos/bsu/ajb

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