REG - Tasty PLC - Agreement of New Debt Facility <Origin Href="QuoteRef">TAST.L</Origin>
RNS Number : 6658XTasty PLC01 September 2015Tasty plc(the "Company" or the "Group")
Agreement of New Debt Facility
Tasty plc is pleased to announce that it has renewed and extended its existing facility. The amended facility is for 8 million, consisting of a 3 million revolving bank facility and a 5 million term loan. Both the revolving facility and the term loan are available to the Company for 5 years. The debt provider is Barclays plc.
The extended facility provides an additional finance stream, in addition to the Company's existing cash resources, to allow continued expansion of the Company's restaurant estate.
1 September 2015
Enquiries:
Tasty plc Tel: 020 7637 1166
Jonny Plant, Chief Executive
Cenkos Securities Tel: 020 7397 8900
Bobbie Hilliam
Harry Pardoe
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCEANNFEDESEEF
Recent news on Tasty
See all newsREG - Tasty PLC - Trading Update, Restructuring Plan and Loan
AnnouncementREG - Tasty PLC - Change of Nominated Adviser and Broker
AnnouncementREG - Tasty PLC - Half-year Report
AnnouncementREG - Tasty PLC - Result of AGM
AnnouncementREG - Tasty PLC - Posting of Report & Accounts and Notice of AGM
Announcement