Business
Refinancing of Debt Facilities
Refinancing of Debt Facilities.
About this update from Halfords Group Plc
[{"type":"text","content":"\n \nRNS Number : 7733N Halfords Group PLC 12 September 2013 \n \n\n12 September 2013\n \nHalfords Group plc\nRefinancing of Debt Facilities\n \n \nHalfords Group plc (\"the Group\"), the UK's leading retailer of automotive and leisure products and services and leading independent operator in garage servicing and auto repair, has completed the proposed refinancing of its debt facilities as referenced in the 23 May 2013 preliminary results announcement.\n \nHalfords has secured a new £200m revolving credit facility, maturing in November 2017. The Group has the option to extend this committed facility by a further year. The financial covenants remain unchanged from the previous £300m facility that was due to mature in November 2014. \n \n \nEnquiries\n \n\n\n\n\nInvestors & Analysts\n\n\n+44 (0) 1527 513 113\n\n\n\n\nAndrew Findlay, Group Finance Director\nCraig Marks, Head of Investor Relations\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMedia (Maitland)\n\n\n+44 (0) 207 379 5151\n\n\n\n\nNeil Bennett\n\n\n\n\n\n\n\n \n\n\nNext Newsflow\nHalfords will report its interim results on 7 November 2013.\n \nNotes \nwww.halfords.com \nwww.halfordscompany.com\nwww.halfordsautocentres.com\n \nThe Group is the UK's leading retailer of automotive, leisure and cycling products and through Halfords Autocentres also one of the UK's leading independent car servicing and repair operator. Halfords customers shop at 466 stores in the UK and Republic of Ireland and at halfords.com for pick-up at their local store or direct home delivery. Halfords Autocentres operates from over 290 sites nationally and offers motorists dealership-quality MOTs, repairs and car servicing at affordable prices.\n \nThe Halfords group strategy is based on three pillars: \n· Supporting Drivers Of Every Car\n· Inspiring Cyclists Of Every Age\n· Equipping Families For Their Leisure Time\n \nThe Getting into Gear 2016 plan for the Retail business is based on executing in five key areas in order to deliver a significantly-enhanced customer experience:\n \n· Service Revolution\n· The H Factor\n· Stores Fit To Shop\n· ...