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Pin to quick picksSIG Regulatory News (SHI)

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Share Price: 26.90
Bid: 26.85
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Change: -0.10 (-0.37%)
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Refinancing of Revolving Credit Facility

2 Oct 2014 07:00

RNS Number : 2158T
SIG PLC
02 October 2014
 



 

SIG plc

("SIG" or "the Group")

 

Refinancing of Revolving Credit Facility

 

SIG plc, a leading distributor of specialist building products in Europe, today announces it has successfully refinanced its £250m revolving credit facility on more favourable terms.

 

The new five year facility, which matures in October 2019, has been secured with five banks, four of which (Barclays, HSBC, Lloyds and RBS) are existing lenders to the Group. The fifth, Commerzbank, introduces a new relationship.

 

This facility ensures SIG has sufficient funding headroom and liquidity to support its medium-term strategic plans.

 

Enquiries

 

Simon Bielecki, Head of Investor Relations

 

SIG plc

0114 285 6300

 

07515 794359

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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