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

FrasersAnnouncement

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RNS Number : 4979P  Frasers Group PLC  03 July 2025

 

Date: 3 July 2025

 

FRASERS GROUP PLC

 

NEW TERM LOAN AND REVOLVING CREDIT FACILITY

Frasers Group ("The Group") is delighted 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 financing facilities of £1.65bn
(excluding Frasers Group Financial Services Limited's securitised loan).

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 £3.0bn. The facility
includes an accordion option to increase this facility by up to £0.5bn at
lenders discretion.

The Group believes the substantial increase in the total facility demonstrates
significant support from the banking industry for the success and strength of
The Group and its Elevation Strategy.

The Board wishes to thank The Group's banking partners for their support.

Ends.

 

 Frasers Group plc

 Robert Palmer, Company Secretary   T: 0344 245 9200

 LEI: 213800JEGHHEAXIJDX34          E:company.secretary@frasers.group (mailto:company.secretary@frasers.group)

 

 Chris Wootton, Chief Financial Officer  T: 0344 245 9200

                                         E: financial@frasers.group (mailto:financial@frasers.group)

 

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