Refinancing of Revolving Credit Facility

RNS Number : 2158T

SIG PLC

02 October 2014

 



SIG plc

("SIG" or "the Group")

Refinancing of Revolving Credit Facility

SIG plc, a leading distributor of specialist building products in Europe, today announces it has successfully refinanced its £250m revolving credit facility on more favourable terms.

The new five year facility, which matures in October 2019, has been secured with five banks, four of which (Barclays, HSBC, Lloyds and RBS) are existing lenders to the Group.  The fifth, Commerzbank, introduces a new relationship.

This facility ensures SIG has sufficient funding headroom and liquidity to support its medium-term strategic plans.

Enquiries

Simon Bielecki, Head of Investor Relations

SIG plc

0114 285 6300 07515 794359

 

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