Tasty plc
(the "Company" or the "Group")
Agreement of New Debt Facility
Tasty is pleased to announce that it has renewed and extended its existing facility. The amended facility is for £12million, consisting of a £5million revolving bank facility and a £7million term loan. Both the revolving facility and the term loan are available to the Company for 5 years. The debt provider is Barclays Bank plc.
The extended facility provides an additional finance stream, in addition to the Company's existing cash resources, to allow continued expansion of the Company's restaurant estate.
7 June 2016
Enquiries
Tasty plc Tel: 020 7637 1166
Jonny Plant, Chief Executive
Cenkos Securities Tel: 020 7397 8927
Bobbie Hilliam
Harry Pardoe
