Brief: Hss Hire Group Entered Into A New Term Loan Facility Of £70 Mln

Proservice Building Services Marketplace

10/11/2021 07:44

Nov 10 (Reuters) - HSS Hire Group PLC  HSS.L :
    * HSS HIRE GROUP PLC - ENTERED INTO A NEW TERM LOAN FACILITY
OF
£70M AND A REVOLVING CREDIT FACILITY OF £25M TO REFINANCE ITS
EXISTING CORPORATE DEBT
    * HSS HIRE GROUP PLC - REFINANCING WILL MATERIALLY REDUCE
ONGOING
ANNUAL INTEREST CHARGE TO APPROXIMATELY £3.0M, DRIVING A
SIGNIFICANT INCREASE IN EPS

Source text for Eikon:  ID:nRSJ8691Ra 
Further company coverage:  HSS.L 

 ((Reuters.Briefs@thomsonreuters.com;;))