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Corporate loan facility increased by £20 million

29 Aug 2012 14:00

RNS Number : 0085L
Telford Homes PLC
29 August 2012
 



 

 

Press Release

29 August 2012

 

 

Telford Homes Plc

 

("Telford Homes" or the "Company")

 

Corporate loan facility increased by £20 million

 

Telford Homes Plc (AIM:TEF), the London-focused residential property developer, is pleased to announce that the Company has successfully negotiated an increase in its corporate loan facility from £70 million to £90 million with its three existing banks.

 

Since signing the three and a half year facility in March 2011, other debts across the Group have been significantly reduced and the Company has delivered against sales and profit forecasts. The ability to increase the facility, despite the challenging conditions within the banking sector, demonstrates the banks' confidence in the Company's strategy as well as the overall strength of the London property market.

 

- Ends -

 

For further information:

Telford Homes Plc

Jon Di-Stefano, Chief Executive

Tel: +44 (0) 1992 809 800

Katie Rogers, Financial Director

www.telfordhomes.plc.uk

 

Shore Capital

Pascal Keane

Tel: +44 (0) 20 7408 4090

 

Media enquiries:

Abchurch

Henry Harrison-Topham / Quincy Allan

Tel: +44 (0) 20 7398 7710

quincy.allan @abchurch-group.com

www.abchurch-group.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCFKLFLLVFLBBV
Date   Source Headline
1st Oct 20193:20 pmRNSForm 8.3 - Telford Homes plc
1st Oct 20191:59 pmBUSForm 8.3 - TELFORD HOMES PLC
1st Oct 201912:49 pmGNWForm 8.5 (EPT/RI) - Telford Homes
1st Oct 201911:19 amRNSForm 8.5 (EPT/RI)- Telford Homes plc
1st Oct 20199:52 amRNSScheme of Arrangement Becomes Effective
1st Oct 20197:30 amRNSSuspension - Telford Homes Plc
30th Sep 20194:32 pmBUSForm 8.3 - TELFORD HOMES PLC - Amendment
30th Sep 20191:05 pmBUSForm 8.3 - TELFORD HOMES PLC
30th Sep 201912:23 pmRNSForm 8.3 - Telford Homes PLC
30th Sep 201912:00 pmRNSForm 8.5 (EPT/RI) - Telford Homes Plc
30th Sep 201911:05 amGNWForm 8.3 - [Telford Homes plc] - CGWL
30th Sep 201911:02 amRNSForm 8.5 (EPT/RI)- Telford Homes plc
30th Sep 201910:13 amGNWForm 8.5 (EPT/RI) - Telford Homes
27th Sep 20193:20 pmRNSForm 8.3 - Telford Homes plc
27th Sep 20193:01 pmBUSForm 8.3 - TELFORD HOMES PLC
27th Sep 201912:00 pmRNSForm 8.5 (EPT/RI) - Telford Homes Plc
27th Sep 201911:08 amRNSForm 8.5 (EPT/RI)- Telford Homes plc
27th Sep 20197:00 amRNSRule 2.9 Announcement
27th Sep 20197:00 amRNSDirector/PDMR Shareholdings
27th Sep 20197:00 amRNSForm 8 (DD) - Telford Homes Plc
27th Sep 20197:00 amRNSForm 8 (DD) - Telford Homes Plc
26th Sep 20195:30 pmRNSTelford Homes
26th Sep 20193:30 pmRNSForm 8.3 - TEF LN
26th Sep 20193:20 pmRNSForm 8.3 - Telford Homes plc
26th Sep 20193:14 pmRNSCourt Sanction of Scheme of Arrangement
26th Sep 201912:37 pmRNSForm 8.3 - Telford Homes PLC
26th Sep 201912:00 pmRNSForm 8.5 (EPT/RI) - Telford Homes Plc
26th Sep 201911:57 amBUSFORM 8.3 - TELFORD HOMES PLC
26th Sep 201910:48 amRNSForm 8.5 (EPT/RI)- Telford Homes plc
26th Sep 201910:17 amRNSForm 8.3 - TELFORD HOMES PLC
26th Sep 20197:00 amRNSNotification of Major Holdings
25th Sep 20193:30 pmRNSForm 8.3 - TEF LN
25th Sep 20193:20 pmRNSForm 8.3 - Telford Homes plc
25th Sep 20192:01 pmBUSFORM 8.3 - TELFORD HOMES PLC
25th Sep 201912:29 pmRNSForm 8.3 - Telford Homes PLC
25th Sep 201912:00 pmRNSForm 8.5 (EPT/RI) - Telford Homes PLC
25th Sep 201910:18 amRNSForm 8.5 (EPT/RI) - Telford Homes plc
25th Sep 20197:27 amRNSForm 8.3 - Telford Homes PLC
24th Sep 20193:30 pmRNSForm 8.3 - TEF LN
24th Sep 20192:10 pmBUSForm 8.3 - TELFORD HOMES PLC
24th Sep 201911:49 amGNWForm 8.5 (EPT/RI) - Telford Homes plc
24th Sep 201910:38 amRNSForm 8.5 (EPT/RI)- Telford Homes plc
23rd Sep 20193:20 pmRNSForm 8.3 - Telford Homes plc
23rd Sep 201912:34 pmRNSForm 8.3 - Telford Homes PLC
23rd Sep 201911:27 amGNWForm 8.5 (EPT/RI) - Telford Homes
23rd Sep 201910:32 amRNSForm 8.5 (EPT/RI) - Telford Homes plc
23rd Sep 20197:00 amRNSReceipt of merger control clearance
20th Sep 20193:20 pmRNSForm 8.3 - Telford Homes plc
20th Sep 201912:39 pmRNSForm 8.3 - Telford Homes PLC
20th Sep 201910:14 amRNSForm 8.5 (EPT/RI)- Telford Homes plc

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