7th Jun 2023 13:08
James Fisher & Sons PLC - Cumbria-headquartered provider of specialist services to the marine, oil and gas industry - Signs new GBP210 million secured revolving credit facility. The facility matures in March 2025, and has been provided by its six existing lenders.
Chief Executive Officer Jean Vernet says: "We are pleased to have successfully signed our core bank facilities and appreciate the support of our lenders over recent weeks to achieve this. The new RCF provides a solid financial base from which we can continue to execute the transformation strategy outlined at the time of our 2022 full-year results."
Current stock price: 387.49 pence, up 2.5% in London on Wednesday afternoon
12-month change: flat
By Holly Beveridge, Alliance News reporter
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