Update on Revolving Credit FacilitySource: RNS
Issued: 13 April 2021
Marks and Spencer Group Plc
Update on Revolving Credit Facility
Marks & Spencer can confirm it has extended the relaxation of covenant tests with its lending syndicate of banks providing the £1.1bn revolving credit facility, now up to and including the period to March 2022. This further secures the group's liquidity to underpin its recovery and accelerated transformation in 2021.
The group will report preliminary full year results on 26 May 2021.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.