Rurelec makes further payment towards Bridge Properties loan facility

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Rurelec announced on Thursday that it has made a further principal and interest-to-date repayment of £0.25m on the remaining temporary loan facility provided by Bridge Properties Arena Central.

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The AIM-traded firm had made several payments on the temporary loan facility since the start of 2019, with the principal amount outstanding totalling £1m as at 25 January.

“The total amount now outstanding is principal of £150,458.15,” the Rurelec board said on Thursday.

Rurelec’s facilities with Bridge Properties Arena Central are due on 30 June.