Statement re Revolving Credit

RNS Number : 5999W

Next PLC

12 June 2008

 



Next plc

Next plc announces that it has signed a new £295m 5 year Revolving Credit Facility (RCF) maturing June 2013. This facility is a refinancing of its RCF which was due to mature in September 2009.

The new facility is provided by the Company's six core relationship banks. Similar to the previous RCF, it is unsecured and contains the same covenant performance ratios in respect of gearing, fixed charge and interest cover.

A J R McKinlay

Company Secretary

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