REG-Fuller,Smith &Turner: New Bank Facility <Origin Href="QuoteRef">FSTA.L</Origin>

Fuller Smith & TurnerAnnouncement

24/11/2014 13:54

28 August 2014

                         FULLER, SMITH & TURNER P.L.C.                         

                        Completion of Bank refinancing                         

Fuller, Smith & Turner P.L.C. ("Fuller's" or "the Company"), the London brewer
and premium pub company, announces that it has successfully arranged new £180
million bank loan facilities, with immediate effect. The new facilities replace
the Company's previous bank borrowing arrangements which were due to expire in
May 2015.

The new facilities have a five year term expiring in August 2019, have no
amortisation requirements and provide £30 million of additional funding over
and above the previous funding arrangements. The facilities are on improved
terms and the savings should offset expected increases next year in LIBOR.

                                   - Ends -                                    

For further information, please contact:

Fuller, Smith & Turner P.L.C.
Simon Emeny, Chief Executive (press) 020 8996 2175
James Douglas, Finance Director (analysts) 020 8996 2000
Georgina Wald, Corporate Communications Manager 020 8996 2198/07831 299801

Instinctif Partners 020 7457 2020
Paul Downes
Justine Warren



END



Copyright © 2014 PR Newswire Association, LLC. All Rights Reserved