Energis boost

Saturday 19 December 1998 00:02 GMT

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Energis boost

ENERGIS, the telecoms group, yesterday agreed a new bank facility, extending its funding to pounds 500m from pounds 150m, and said it was ready to issue bonds in the future. The move gives Energis the capacity to make investments and acquisitions that it had before it bought Planet Online, the Internet service provider, in the summer. The facility was arranged by Dresdner Kleinwort Benson and syndicated to 19 banks.

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