Update on Revolving Credit Facility

Source: RNS
RNS Number : 3338V
Marks & Spencer Group PLC
13 April 2021
 

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.

 

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