Sutton Harbour Group owns and operates Sutton Harbour Marina and King Point Marina
The UK’s Sutton Harbour Group plc has entered into a new credit facility agreement with its existing bankers, National Westminster Bank, reports Insider Marina.
The facility, for £21.7m, has been fully drawn to replace the existing facility and extends the company’s arrangements by 24 months to 30 December 2026.
It is reported to be on terms no less favourable than the pre-existing facility with the bank.
Listed on the UK’s AIM stock exchange, the Sutton Harbour Group specialises in marine operations, waterfront regeneration and destination creation in Plymouth and southwest England.
The company operates Sutton Harbour Marina, King Point Marina and Plymouth Fisheries – all in the city of Plymouth.