Caledonia Bank Facilities Ann

RNS Number : 0628A
Caledonia Investments PLC
29 July 2008
 





Caledonia Investments plc


Arrangement of £100m term bank facilities


Further to its preliminary announcement released on 29 May 2008Caledonia Investments plc ('Caledonia') announces that it has now put in place £100m of committed term bank facilities through a bilateral agreement for a £50m 5-year revolving credit facility with each of ING Bank N.V. and The Royal Bank of Scotland plcWhilst there is no immediate plan or requirement to draw down on the funds, these facilities provide the company with resources to take advantage of particularly good investment opportunities which are expected to arise over the medium term.



29 July 2008


 

Enquiries

 

Caledonia Investments plc

College Hill Associates

Tim Ingram

Tony Friend

Jonathan Cartwright

Roddy Watt

Tel: 020 7802 8080

Tel: 020 7457 2020



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