REG - Crest Nicholson Hdgs - Covid Corporate Finance Facility

Crest Nicholson HoldingsAnnouncement

18/06/2020 13:30

RNS Number : 4088Q
  
Crest Nicholson Holdings PLC
  
18 June 2020
  
 

The information contained in this announcement is deemed by the Company to constitute inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014
 
Crest Nicholson Holdings plc 
(the "Company" or "Crest Nicholson")
 
Covid Corporate Finance Facility
 
Crest Nicholson today announces that it has secured access to the HM Treasury and Bank of England Covid Corporate Financing Facility ('CCFF') and has put in place a £300m commercial paper programme under this scheme. The facility will be used to provide additional liquidity should it be required but at present is undrawn.
Crest Nicholson will announce its half year results for the period ending 30 April 2020 on Wednesday 24 June 2020.
 
For further information, please contact:
 
Crest Nicholson
Jenny Matthews, Head of Investor Relations                               +44 (0) 7557 842720
 
Finsbury                                                                                      +44 (0) 20 7251 3801
Faeth Birch
Philip Walters
 
18 June 2020
 
The person responsible for arranging the release of this announcement on behalf of the Company is Kevin Maguire, General Counsel & Company Secretary.
 


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