Inactive Instrument

The PAS Group Limited

Equities

PGR

AU000000PGR2

PAS : Refinancing Update

December 23, 2019 at 09:56 pm

ASX and Media Release

Page 1 of 1

24 December 2019

REFINANCING UPDATE

At The PAS Group Limited's (ASX: PGR) (PAS or the Company) AGM on 22 November 2019, PAS informed the market that discussions to refinance the Company's existing banking arrangements, which expire in January 2020, were well progressed.

As part of those discussions, the Company has reached agreement to extend the expiry date of the current facility to 31 August 2020, and have also accessed a new receivables financing facility.

This announcement has been authorised for issuance by the Chair of the Board.

-ENDS-
For further information, please contact:
The PAS Group	Citadel-MAGNUS
Mr Eric Morris	Mr Matthew Gregorowski
Chief Executive Officer & Managing Director	(02) 8234 0100
(03) 9902 5555
The PAS Group
Mr Marcus Crowe
Chief Financial Officer & Company Secretary
(03) 9902 5555

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PAS Group Limited published this content on 24 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2019 02:55:08 UTC

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Company Profile

The PAS Group Limited is a brands, apparel, accessories and equipment wholesaler and retailer. The Company's segments include Retail and Wholesale. The Retail segment includes women's, men's and children's apparel, which includes approximately 290 retail sites. The Wholesale segment includes wholesaling of women's, men's and children's apparel, as well as sporting equipment, footwear and accessories. The Company operates White Runway, an online occasion wear business with various showrooms both in Australia and internationally. The Company wholesales various brands into department stores, discount department stores, specialty retailers, as well as approximately 800 independent retailers. The Company's brands include Review, Black Pepper, Yarra Trail, Marco Polo, Breakaway, Black Pepper, Mooks, Everlast, Dunlop, Slazenger and Karrimor, among others. The Company supplies fashion apparel for various retailers.

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