1 Dec 2021 09:10
RNS Number : 1912U
Frasers Group PLC
01 December 2021
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Date: 1 December 2021
FRASERS GROUP PLC
(the "Group")
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NEW TERM LOAN AND REVOLVING CREDIT FACILITY
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Frasers Group is pleased to announce that it has now entered into a new Term Loan and Revolving Credit Facility ("The New Facility") with its banks which replaces its existing facility of £913.5m.
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The New Facility, which is valid for three years (with 2 one year extension options for a total tenor of up to five years), will provide the Group with access to borrowings of up to an aggregate amount of £930m. The facility includes an accordion option to increase this facility to £1.2 billion.
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Frasers Group plc Tom Piper, Company Secretary LEI: 213800JEGHHEAXIJDX34 |  T. 0344 245 9200 E. investor.relations@frasers.group  |
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Frasers Group (FRAS)