17th Oct 2016 07:00
17 October 2016
Wincanton plc
('Wincanton' or 'the Group')
Extension to Bank Facility
Wincanton a leading provider of supply chain solutions in the UK and Ireland, is pleased to announce an extension to the maturity of its main banking facility from June 2019 to October 2021.
This facility is provided by HSBC, Barclays, Santander and AIB. Taking into account the Group's other financing arrangements, Wincanton has committed facilities available of £186m in total.
Tim Lawlor, Chief Financial Officer, commented:
"We are pleased to have extended the maturity profile of the Group's primary financing facility and we would like to thank our banking partners for their continued support."
Ends
For further information please contact:
Wincanton plc
Adrian Colman, Chief Executive Officer
Tim Lawlor, Chief Financial Officer 01249 710000
Buchanan
Richard Oldworth, Victoria Hayns, Jane Glover 020 7466 5000
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