Coronavirus: Studio secures £200m to preserve liquidity

// Studio withdraws revolving credit facility (RCF) of £85 million
// It has secured £200 million to ensure it has sufficient liquidity
// The RCF has resulted in net debt of £53 millionStudio has withdrawn a revolving credit facility (RCF) of £85 million and a securitisation facility of £200 million to ensure it has sufficient liquidity for its near-term requirements amid the Covid-19 crisis.
The RCF was fully drawn on March 27, resulting in net debt of £