Completion of Refinancing

RNS Number : 5653M
Future PLC
07 May 2015
 



8 May 2015

 

Future plc

 

Completion of refinancing

 

Future plc (LSE: FUTR, "Future", "the Group"), the international media group, has arranged a new £5.5m multicurrency revolving and overdraft facility ahead of the maturity of its existing facilities in December 2015. 

 

The new facilities have reduced funding costs and fewer covenants.  The maturity date is 31 December 2017 with options to extend through to 31 December 2019.  There is a further option to increase the total revolving facility commitment by £2.0m.  These facilities have been provided by Santander UK plc, an existing lender to the Group. 

 

 

Enquiries

 

Future plc

020 7042 4400

Richard Haley, Chief Financial Officer

 


Instinctif Partners

020 7425 2040

Adrian Duffield


 


This information is provided by RNS
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