8th Sep 2008 10:30
8 September 2008
Kesa Electricals announces new bank facility
Kesa Electricals plc, is pleased to announce that it has signed a committed
€500 million five year revolving credit facility, replacing the Group's existing
€650 million facility which was due to expire in July 2010.
The facility is provided by a group of six banks comprising BNP Paribas,
Calyon, HSBC Bank plc and The Royal Bank of Scotland plc as Mandated
Lead Arrangers (HSBC will also act as Facility Agent), Barclays Bank PLC,
and Natixis as Co-arrangers.
ends
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Analysts
Simon Ward +44 (0) 20 7269 1400
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Annabel Donaldson +44 (0) 20 7269 1400
KESA Electricals is a specialist electrical retailer. It employs more than 24,000 people and trades in 12 countries. KESA Electricals is a member of the FTSE 250. Its ordinary shares are listed with the UK Listing Authority and trade on the market for listed securities on the London Stock Exchange under the symbol KESA.L. It is also listed on the Premier Marche of the Paris Stock Exchange. For further information please visit the Company's website www.kesaelectricals.com
Related Shares:
DRTY.L