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Lavendon Group Gets 150 Million-Pound Credit to Refinance Debt

Lavendon Group Plc (LVD), a U.K. aerial platform equipment provider, said it got a 150 million-pound ($239 million) credit line.

The facility includes a 100 million-pound revolving credit due July 2016, and a 60 million-euro ($81 million) privately placed facility due July 2019, according to a statement from the Lutterworth, England-based company.

Lavendon is the largest powered platform rental provider in Europe, according to the company’s website. Its fleet includes scissor and boom lifts.

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To contact the editor responsible for this story: Faris Khan at

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