Last checked at 28 Feb 2020 07:00
McColl's Retail Group plc "the Company"
Completion of refinancing
Completion of amendment and maturity extension to bank facilities
Having engaged with our banking syndicate in the latter part of 2019, the Company is pleased to announce that its bank facilities have been successfully amended and extended to a revised maturity date in May 2022.
The amended facility terms will give us more certainty and flexibility to execute our strategic initiatives in 2020, and beyond.
McColl's Retail Group plc Media enquiries:
Jonathan Miller, Chief Executive Officer Headland
Robbie Bell, Chief Financial Officer Ed Young, Rob Walker, Charlie Twigg
+44 (0)1277 372916 +44 (0)20 3805 4822
Notes to editors
McColl's is a leading neighbourhood retailer, with an estate of over 1,400 managed convenience stores and newsagents. We operate McColl's branded convenience stores as well as newsagents branded Martin's across the UK, except in Scotland where we operate under our heritage brand, RS McColl. Our dedicated colleagues serve five million customers every week, and we are the largest operator of Post Offices in the UK.