High Street
Frasers Group secures £930m in funding
The new facility will provide the Group with access to borrowings of up to an aggregate amount of £930m
Frasers Group has announced that it has entered into a new term loan and revolving credit facility with its banks, which replaces its existing facility of £913.5m.
It revealed the new facility, which is valid for three years (with 2 one year extension options for a total tenor of up to five years), will provide the group with access to borrowings of up to an aggregate amount of £930m.
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