30th Sep 2011 16:32
For Immediate Release | 30 September 2011 |
Devro plc
("Devro" or the "Company")
Renewal of Banking Facilities
Devro plc (LSE: DVO), the world's leading manufacturer of collagen products for the food industry, today announces that it has successfully renewed its £51 million revolving credit facility with a syndicate of four banks for a period of five years. The banks involved are Barclays Corporate, Clydesdale Bank, HSBC and Rabobank.
Commenting, Simon Webb, Finance Director, said:
"We are delighted to report this new facility. Devro is at an important time in its commercial development and the geographic spread of the syndicate of banks involved makes them well placed to support the Company as we continue to deliver on our global growth strategy."
ENDS
For further information, please contact:
Simon Webb, Finance Director Devro plc
| Tel No: + 44 (0)1236 879191 |
Diane Stewart/Carrie Clement/ Charles Ryland |
|
Buchanan | Tel No: + 44 (0) 20 7466 5000 |
Further information on Devro can be found on the Company's website: www.devro.com.
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