12th Sep 2013 08:05
LONDON (Alliance News) - Bike and car products retailer Halfords PLC Thursday said it has completed the proposed refinancing of its debt facilities with a new GBP200 million revolving credit facility that matures in November 2017 but can be extended by a further year.
The new facility replaces its previous GBP300 million facility that was due to mature in November next year. It said the financial covenants on the new facility were the same as on the old facility.
Halfords shares were down 0.1% at 403.9 pence early Thursday.
By Steve McGrath; [email protected]; @SteveMcGrath1
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