31st Mar 2023 10:47
Marston's PLC - Wolverhampton, England-based pub operator - Extends term of bank and private placement debt facilities to January 2025, while increasing the total available to GBP340 million from GBP320 million. Its revolving credit facility is increased to GBP300 million from GBP280 million, with all its existing banks taking part, plus two new ones. The interest rate is variable depending on underlying interest rates, plus Marston's level of leverage and drawings. The private placement facility remains the same at GBP40 million. Read More