AI assistant
Whitbread PLC — Capital/Financing Update 2020
Apr 17, 2020
4608_cap_2020-04-17_be9f2569-4a48-4fd6-9070-436a8bf38c1a.html
Capital/Financing Update
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
RNS Number : 9562J
Whitbread PLC
17 April 2020
Covid Corporate Financing Facility (CCFF)
17 April 2020
Whitbread today announces that it has been confirmed as an eligible issuer under the UK Government's Covid Corporate Financing Facility (CCFF). Indicative issuing limits for our Fitch rating of BBB/F2 have been published on the Bank of England website:
https://www.bankofengland.co.uk/news/2020/march/the-covid-corporate-financing-facility
Whitbread has not currently issued any commercial paper from this programme.
In addition to this facility, as at 16 April the business has accessible cash reserves of c.£400 million and access to £900 million of its existing committed Revolving Credit Facility (RCF).
For more information please contact:
Investor queries | Whitbread | [email protected] | +44 (0) 1582 888 633
Media queries | Tulchan Communications, David Allchurch / Jessica Reid | +44 (0) 20 7353 4200
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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.
END
MSCKZGMDLVDGGZM