Debt Refinancing update

RNS Number : 8035F

Northgate PLC

04 May 2011

 



4 May 2011

Northgate plc

Debt Refinancing update

On 20^th April 2011 Northgate plc, the UK and Spain's leading specialist in light commercial vehicle hire, announced the successful signing of a comprehensive debt refinancing package for the Group.

All conditions precedent, including the receipt of funds from the Prudential/M&G UK Companies Financing Fund, have now been satisfied and the refinancing has therefore become effective.

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For further information, please contact:

Northgate plc	01325 467558
Bob Contreras, Chief Executive
MHP Communications	020 3128 8764
Andrew Jaques
Barnaby Fry
Anthony Arthur

Notes to Editors:

Northgate plc rents light commercial vehicles and sells a range of fleet products to businesses via a network of hire companies in the UK, Republic of Ireland and Spain.  Their NORFLEX product gives businesses access to a flexible method to obtain as many commercial vehicles as they require. 

Further information regarding Northgate plc can be found on the Company's website:

www.northgateplc.com

 

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