1st Sep 2015 10:34
Tasty plc (the "Company" or the "Group")
Agreement of New Debt Facility
Tasty plc is pleased to announce that it has renewed and extended its existing facility. The amended facility is for £8 million, consisting of a £3 million revolving bank facility and a £5 million term loan. Both the revolving facility and the term loan are available to the Company for 5 years. The debt provider is Barclays plc.
The extended facility provides an additional finance stream, in addition to the Company's existing cash resources, to allow continued expansion of the Company's restaurant estate.
1 September 2015
Enquiries:
Tasty plc Tel: 020 7637 1166
Jonny Plant, Chief Executive
Cenkos Securities Tel: 020 7397 8900
Bobbie Hilliam
Harry Pardoe
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