Revised Banking Facility

RNS Number : 2020E

Northern Bear Plc

16 December 2009

 



Northern Bear PLC

("Northern Bear" or "the Group")

Revised Banking Facility

The Board of Northern Bear ('the Board') is delighted to announce that it has concluded negotiations, as detailed in the announcement of 29 September 2009, to agree revised banking terms with Yorkshire Bank PLC ("Yorkshire Bank").  

Steve Roberts, Group FD commented:

"I am delighted with the agreement that we have reached with Yorkshire Bank, which confirms their long term support for the Group.  Yorkshire Bank has been a great supporter of our business over the past two years and we look forward to a continued long and fruitful relationship.

This new agreement provides us with a solid financial foundation in these uncertain times."

For further information please contact:

Northern Bear PLC Graham Forrest - Chief Executive Officer	[phone]
Strand Hanson Limited James Harris / James Spinney	[phone]
Hansard Group Adam Reynolds	[phone]

 

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