REG - Whitbread PLC - Covid Corporate Financing Facility

WhitbreadAnnouncement

17/04/2020 07:00

RNS Number : 9562J
  
Whitbread PLC
  
17 April 2020
  
 

Covid Corporate Financing Facility (CCFF)
17 April 2020
 
Whitbread today announces that it has been confirmed as an eligible issuer under the UK Government's Covid Corporate Financing Facility (CCFF). Indicative issuing limits for our Fitch rating of BBB/F2 have been published on the Bank of England website:
https://www.bankofengland.co.uk/news/2020/march/the-covid-corporate-financing-facility
Whitbread has not currently issued any commercial paper from this programme. 
In addition to this facility, as at 16 April the business has accessible cash reserves of c.£400 million and access to £900 million of its existing committed Revolving Credit Facility (RCF).
 
For more information please contact:
Investor queries | Whitbread | investorrelations@whitbread.com | +44 (0) 1582 888 633
Media queries | Tulchan Communications, David Allchurch / Jessica Reid | +44 (0) 20 7353 4200
 


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