Family-owned whisky distiller Ian Macleod Distillers, which owns the Tamdhu, Glengoyne and Edinburgh Gin brands, has agreed an £80m refinancing for its next phase of growth.
The asset-based debt facilities from PNC Business Credit and Bank of Scotland include a further £10m accordion option and have a term in excess of five years.
Ian Macleod has benefited from strong demand for Scotch whisky in the UK and overseas.
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