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Frasers Group PLC entered into a new Term Loan and Revolving Credit Facility on 3 July 2025, replacing its existing financing facilities of £1.65bn. The New Facility provides access to borrowings of up to an aggregate amount of £3.0bn for three years, with two one-year extension options, and includes an accordion option to increase the facility by up to £0.5bn.
| Date | 3 Jul 2025 |
| Time | 07:00:07 |
| Category | Miscellaneous |
| ID | 4979P |
Date: 3 July 2025
FRASERS GROUP PLC
NEW TERM LOAN AND REVOLVING CREDIT FACILITY
Frasers Group ("The Group") is delighted to announce that it has now entered into a new Term Loan and Revolving Credit Facility ("The New Facility") with its banks which replaces its existing financing facilities of £1.65bn (excluding Frasers Group Financial Services Limited's securitised loan).
The New Facility, which is valid for three years (with 2 one year extension options for a total tenor of up to five years), will provide the Group with access to borrowings of up to an aggregate amount of £3.0bn. The facility includes an accordion option to increase this facility by up to £0.5bn at lenders discretion.
The Group believes the substantial increase in the total facility demonstrates significant support from the banking industry for the success and strength of The Group and its Elevation Strategy.
The Board wishes to thank The Group's banking partners for their support.
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Frasers Group plc
Robert Palmer, Company Secretary LEI: 213800JEGHHEAXIJDX34 |
T: 0344 245 9200
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Chris Wootton, Chief Financial Officer |
T: 0344 245 9200 |
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