REG - Frasers Group PLC - New Term Loan and Revolving Credit Facility

FrasersAnnouncement

01/12/2021 09:15

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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.

 

-Ends-

 Frasers Group plc

 Tom Piper, Company Secretary   T. 0344 245 9200

 LEI: 213800JEGHHEAXIJDX34      E. investor.relations@frasers.group (mailto:investor.relations@frasers.group)

 

 

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