11th Jun 2009 07:00
Rexam refinances £775m credit facility
11 June 2009
Rexam PLC, the global consumer packaging company, announces that it has refinanced its £775m revolving credit facility and a number of smaller bilateral facilities which mature in 2010. The refinancing package, which totals £860m of new committed debt facilities, consists of £647m of syndicated forward start commitments and £213m of new bilateral commitments, all maturing in the second half of 2012.
Enquiries
Rexam
David Robbie, Finance Director +44 20 7227 4100
Sandra Moura, Head of Investor Relations
Financial Dynamics
Richard Mountain +44 20 7269 7291
Notes to Editors
Rexam is the No 2 global consumer packaging company. It is the leading global beverage can maker, and a major global player in rigid plastic packaging. Our vision is to be the leading global consumer packaging company. We are business partners to some of the world's most famous and successful consumer brands as well as young, entrepreneurial start-ups. We offer a broad range of packaging services and solutions for different industries, using different materials and technologies. Three things characterise us - leadership in our industry, our commitment to innovation and our passion to deliver exceptional value. Rexam's sales from ongoing operations are in the region of £4.6 billion. We employ some 24,100 people in more than 20 countries and are a member of the FTSE 100. Rexam's ordinary shares are listed with the UK Listing Authority and trade on the London Stock Exchange under the symbol REX. For further information, visit Rexam's website at www.rexam.com
Related Shares:
REX.L