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Day Lewis secures £160m in banking loans

Deal - Pharmacy chain secures a £160m banking loan - SantanderCB

The Day Lewis pharmacy chain has secured a £160m banking loan from Santander, Lloyds Banking Group, RBS, HSBC and Barclays to help build up its 277-strong portfolio to 400 premises by 2021. The loan could yet be extended to £210m.

Day Lewis director Sam Patel hopes to tap into the UK's growing £15bn-a-year NHS dispensing industry, and intends to expand the family business through acquisitions and joint ventures.

 

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