Taylor Wimpey Gains Land Flexibility With Loan Deal
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Taylor Wimpey Plc, the U.K.’s second-largest homebuilder by volume, reached agreement on a new 950 million-pound ($1.52 billion) loan facility that makes it easier for the company to purchase land.
Taylor Wimpey entered talks on a revised credit deal earlier this year, the London-based company said today in a statement. Further details will be provided when the refinancing is concluded by the end of March.