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TASTY PLC — Capital/Financing Update 2015
Sep 1, 2015
7949_rns_2015-09-01_38549a9f-b8f7-4bdd-adfa-b256a0f0cf27.html
Capital/Financing Update
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RNS Number : 6658X
Tasty PLC
01 September 2015
Tasty plc (the "Company" or the "Group")
Agreement of New Debt Facility
Tasty plc is pleased to announce that it has renewed and extended its existing facility. The amended facility is for £8 million, consisting of a £3 million revolving bank facility and a £5 million term loan. Both the revolving facility and the term loan are available to the Company for 5 years. The debt provider is Barclays 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.
1 September 2015
Enquiries:
Tasty plc Tel: 020 7637 1166
Jonny Plant, Chief Executive
Cenkos Securities Tel: 020 7397 8900
Bobbie Hilliam
Harry Pardoe
This information is provided by RNS
The company news service from the London Stock Exchange
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