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Extension to Bank Facility

17th Oct 2016 07:00

RNS Number : 6573M
Wincanton PLC
17 October 2016
 

 

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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