New Term Loan and Revolving Credit Facility
Source: RNS
RNS Number : 1912U
Frasers Group PLC
01 December 2021
Date: 1 December 2021
FRASERS GROUP PLC
(the "Group")
NEW TERM LOAN AND REVOLVING CREDIT FACILITY
Frasers Group is pleased to announce that it has now entered into a new Term Loan and Revolving Credit Facility ("The New Facility") with its banks which replaces its existing facility of £913.5m.
The New Facility, which is valid for three years (with 2 one year extension options for a total tenor of up to five years), will provide the Group with access to borrowings of up to an aggregate amount of £930m. The facility includes an accordion option to increase this facility to £1.2 billion.
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Frasers Group plc Tom Piper, Company Secretary LEI: 213800JEGHHEAXIJDX34 |
T. 0344 245 9200 E. investor.relations@frasers.group
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