Judges Scientific plc announced that it has entered into new banking facilities (Facility) with Lloyds Banking Group plc replacing its existing banking arrangements. This will provide further capacity to finance acquisitions to support the Group's buy and build strategy. The Facility is for an aggregate £35.0 million consisting of a £10.0 million term loan (Term Loan), a committed £20.0 million revolving credit facility (RCF) plus a £5.0 million accordion facility, which can be drawn at the discretion of the Bank. The Facility replaces the previous facilities for which the Group had a total of £12.9 million outstanding. The Facility has a five year term (Borrowing Term) with covenants and interest consistent with the previous bank facilities. The Term Loan shall amortize on a straight line basis over the Borrowing Term by quarterly installments. The RCF is repayable in a bullet at the end of the Borrowing Term.