Completion of Refinancing

8 May 2015

Future plc

Completion of refinancing

Future plc (LSE: FUTR, "Future", "the Group"), the international media group, has arranged a new £5.5m multicurrency revolving and overdraft facility ahead of the maturity of its existing facilities in December 2015. 

The new facilities have reduced funding costs and fewer covenants. The maturity date is 31 December 2017 with options to extend through to 31 December 2019. There is a further option to increase the total revolving facility commitment by £2.0m. These facilities have been provided by Santander UK plc, an existing lender to the Group.

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