Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Execution of New Covenant Package

25th Sep 2020 12:25

RNS Number : 1758A
Menzies(John) PLC
25 September 2020
 

25 September 2020

John Menzies plc

(the 'Company' or the 'Group')

Execution of New Covenant Package

 

John Menzies plc, the global aviation services business, today provides a further update on financing.

 

The Board is pleased to confirm that it has agreed and executed the legal documentation required to give effect to the revised banking covenant structure between the Group and its lenders and among the lenders, announced by the Company on 10 September 2020. The new covenant package will provide additional flexibility to support the Group, as the aviation industry recovers from the impact of the COVID-19 pandemic.

 

Notice of Results

The Group will announce its interim results for the period ended 30 June 2020, on 29 September 2020.

For further information, please contact:

John Menzies plc

John Geddes, Corporate Affairs Director & Group Company Secretary 0131 459 8044

 

FTI Consulting

Jonathon Brill/Fern Duncan 0203 727 1068

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCLAMBTMTTTBJM

Related Shares:

MNZS.L
FTSE 100 Latest
Value8,275.66
Change0.00