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Pin to quick picksPz Cussons Share News (PZC)

Share Price Information for Pz Cussons (PZC)

London Stock Exchange
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Share Price: 88.20
Bid: 87.80
Ask: 88.80
Change: -1.20 (-1.34%)
Spread: 1.00 (1.139%)
Open: 90.00
High: 91.20
Low: 87.10
Prev. Close: 89.40

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PZ Cussons agrees new £325 credit facility

Mon, 14th Nov 2022 07:52

(Sharecast News) - PZ Cussons said it had agreed a new £325m committed credit facility, provided by a syndicate of lenders.

The credit facility incorporates both a term loan and revolving credit facility (RCF) structure, with maturity dates of up to November 2028, and replaces the existing £325m to expire in a year.

It also includes a pricing structure linked to the company's new sustainability framework - known as "Better For All" - incorporating environmental, social and governance performance indicators focused on achieving B Corp certification, reduction in virgin plastic packaging and reducing carbon emissions.

Reporting by Frank Prenesti for Sharecast.com

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