Wells Fargo finances biscuit-maker

Wells Fargo’s private credit arm has extended a credit facility to biscuit and snacks producer Burton’s Biscuits.  

Wells Fargo Capital Finance UK has acted a lead arranger for a credit facility extended to Burton’s Biscuits. Terms of the facility could not be determined by time of publication.

The facility will be an asset-based. It will be used to fund the firm’s ongoing capital requirements, a Burton’s Biscuits company announcement noted.

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