Business
Agreement of New Debt Facility
Agreement of New Debt Facility.
About this update from Bow Street Group Plc.
[{"type":"text","content":"\n \nRNS Number : 4457A Tasty PLC 07 June 2016 \n\nTasty plc \n(the \"Company\" or the \"Group\")\n \nAgreement of New Debt Facility\n \nTasty is pleased to announce that it has renewed and extended its existing facility. The amended facility is for £12million, consisting of a £5million revolving bank facility and a £7million term loan. Both the revolving facility and the term loan are available to the Company for 5 years. The debt provider is Barclays Bank plc.\nThe extended facility provides an additional finance stream, in addition to the Company's existing cash resources, to allow continued expansion of the Company's restaurant estate.\n7 June 2016\n \nEnquiries\n \nTasty plc Tel: 020 7637 1166\nJonny Plant, Chief Executive\n \nCenkos Securities Tel: 020 7397 8927\nBobbie Hilliam\nHarry Pardoe\n \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END AGREAEKXEDSKEFF\n ","length":2727,"tagName":"div"}]