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Oval banks on its future

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Despite the economic gloom, Oval last week secured a £115m senior banking facility. Jonathan Swift speaks to its CEO Phillip Hodson and others about the prospects for Oval and its ilk over the coming months as capital dries up

Last week two broker stories grabbed the attention. On one hand Oval secured a £115m five-year banking facility with four lenders, while Towergate was linked with the sale of all or part of the Open

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