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Agreement of New Debt Facility

1st Sep 2015 10:34

RNS Number : 6658X
Tasty PLC
01 September 2015
 

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

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEANNFEDESEEF

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