Loading...

/News/RNS

Arcadia Decline Lifeline Loan

RNS Announcement

RNS Number : 9780G

Frasers Group PLC

30 November 2020

FRASERS GROUP PLC

("Frasers Group" or the "Company")

Arcadia Group decline Lifeline Loan

Frasers Group can confirm that Arcadia Group Limited have declined Frasers Group's offer of a lifeline loan of up to £50m. Frasers Group were not given any reasons for the rejection, nor did Frasers Group have any engagement from Arcadia before the loan was declined.

Frasers Group plc

Tom Piper, Company Secretary

LEI: 213800JEGHHEAXIJDX34

T. 0344 245 9200

E. [email protected]

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRABUBDBGGXDGGG

RNS metadata

Title: Arcadia Decline Lifeline Loan
Time: 15:01:33
Date: 30 Nov 2020
Category: Corporate updates
ID: 9780G