Whitbread PLC
28 January 2014
Whitbread extends bank facilities until November 2018
Whitbread PLC today announces that it has signed an amendment to its existing £650 million syndicated bank facility, extending its maturity by two years to 4 November 2018, and introducing an option to extend it by a further two years beyond that date, with the consent of the banks at the time.
The facility pricing is unchanged.
Nicholas Cadbury, Group Finance Director said "we are delighted by the continuing support of our core relationship banks for this maturity extension of our loan facility which, together with our private placement notes, meets the medium term funding needs of the Group to support our growth programme".
For Further information contact:
Investor Relations
Nicholas Cadbury, Group Finance Director +44 (0) 1582 888998
Joanne Russell, Director of Investor Relations +44 (0) 7785 451266
Chris Denley, Group Financial Controller +44 (0) 1582 889421
Press Contacts:
Anna Glover, Director of Communications +44 (0) 7768 917651
David Allchurch +44 (0) 207 353 4200
