Authorisation to release the working capital increase of the Overarching Facility Agreement for Mercury Land Holding Ltd

December 22, 2023 Statutory Section 151 Officer Finance (Officer) Approved View on council website

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Summary

The Statutory Section 151 Officer Finance approved the release of a working capital increase for Mercury Land Holding Ltd on 22/12/2023. This decision extends the term of the overarching working capital agreement by five years and increases the working capital by £2m.

Supporting Documents

218. MLH Overarching Loan Agreement extension NON-Key-Part -Exempt report TD 05 09 23 Final.pdf

Details

OutcomeRecommendations Approved
Decision date22 Dec 2023