Chesswood Group Limited announced today that Pawnee Leasing Corporation ("Pawnee"), Chesswood's largest operating business, renewed and expanded its credit facility, for a term of four years, expiring in July 2016. The existing credit facility was due to mature in September 2013.
Chesswood Group Limited announced today that its monthly dividend will increase from $0.05 per share to $0.055 per share, effective with the dividend for the month of May, payable in June.
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