Regulatory Story
Go to market news section
McColl's Retail Group plc - MCLS
Completion of refinancing
Released 07:00 28-Feb-2020



RNS Number : 4219E
McColl's Retail Group plc
28 February 2020

McColl's Retail Group plc 'the Company'

Completion of refinancing

Completion of amendment and maturity extension to bank facilities

Having engaged with our banking syndicate in the latter part of 2019, the Company is pleased to announce that its bank facilities have been successfully amended and extended to a revised maturity date in May 2022.

The amended facility terms will give us more certainty and flexibility to execute our strategic initiatives in 2020, and beyond.

McColl's Retail Group plcMedia enquiries:

Jonathan Miller, Chief Executive Officer Headland

Robbie Bell, Chief Financial Officer Ed Young, Rob Walker, Charlie Twigg

+44 (0)1277 372916 +44 (0)20 3805 4822

Notes to editors

McColl's is a leading neighbourhood retailer, with an estate of over 1,400 managed convenience stores and newsagents. We operate McColl's branded convenience stores as well as newsagents branded Martin's across the UK, except in Scotland where we operate under our heritage brand, RS McColl. Our dedicated colleagues serve five million customers every week, and we are the largest operator of Post Offices in the UK.


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 rns@lseg.com or visit www.rns.com.
END
MSCFFFILFTIDFII
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.
©2014London Stock Exchange plc. All rights reserved



Completion of refinancing - RNS

Attachments

  • Original document
  • Permalink

Disclaimer

McColl's Retail Group plc published this content on 28 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2020 07:07:10 UTC