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Headline

Clydes took £23m loan to fund post-merger office move

Comment

Back to the main agenda - £46.2m borrowing in addition to partner capital borrowings presumably underwritten by the firm! That's a hefty level of debt in total not simply in terms of the impact on overall net worth but to service in interest costs in what is already a challenging arena for margins from client work. Hopefully somebody has a good head for finances in the team.

Posted date

21-Jan-2013

Posted time

4:56 pm

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