9th Nov 2017 08:48
9 November 2017
TLA Worldwide plc
("TLA" or "the Group")
Amended debt facility
TLA Worldwide plc (AIM: TLA), a leading athlete representation and sports marketing business, is pleased to announce that it has agreed a renewed senior debt facility for $28.75 million with its principal lender, SunTrust Bank, who continue to be supportive of the Group and its future plans. The facilities comprise an amortising term loan and revolving credit facility. The facility includes an amended set of covenants such that the Group is fully compliant with its facilities.
Enquiries:
TLA Worldwide | |
Bart Campbell, Executive Chairman Michael Principe, Chief Executive Officer | +1 212 645 2141 |
Numis Securities | |
Nick Westlake and Oliver Hardy (Nomad) | +44 20 7260 1000 |
Christopher Wilkinson (Broker) | |
Luther Pendragon | |
Harry Chathli, Alexis Gore | +44 20 7618 9100 |
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