Sutton Harbour Group plc has agreed with its bankers to extend the repayment of £1.6 million of its term loan from 31 October 2023 to repaying £900,000 on or before 31 October 2023 and £700,000 on or before 13 December 2023. It is expected that the Company will satisfy repayment of the £900,000 on 31 October 2023 from the net proceeds received from certain of the Harbour Arch Quay apartment sales, with the final apartment sale expected to complete in November 2023.
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