28th Apr 2020 07:30
RIGHTMOVE PLC - Covid Corporate Financing FacilityRIGHTMOVE PLC - Covid Corporate Financing Facility
PR Newswire
London, April 28
28 April 2020
Rightmove plc
Covid Corporate Financing Facility
Rightmove is pleased to announce that it has received confirmation that it is eligible to access the UK Government’s Covid Corporate Financing Facility (‘CCFF’). We have not yet issued any commercial paper under the scheme.
The combination of our current cash balance, our committed Revolving Credit Facility, which we have extended by a year to February 2022, and access to the CCFF will, in our view, provide Rightmove with sufficient liquidity and leave us well positioned to return to growth as markets normalise.
Contact:
Rightmove press office[email protected]Investor relations[email protected]
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