Extension to Bank Facility

RNS Number : 6573M

Wincanton PLC

17 October 2016

 

17 October 2016

Wincanton plc

('Wincanton' or 'the Group')

Extension to Bank Facility

Wincanton a leading provider of supply chain solutions in the UK and Ireland, is pleased to announce an extension to the maturity of its main banking facility from June 2019 to October 2021.

This facility is provided by HSBC, Barclays, Santander and AIB. Taking into account the Group's other financing arrangements, Wincanton has committed facilities available of £186m in total.

Tim Lawlor, Chief Financial Officer, commented:

"We are pleased to have extended the maturity profile of the Group's primary financing facility and we would like to thank our banking partners for their continued support."

Ends

For further information please contact:

Wincanton plc

Adrian Colman, Chief Executive Officer

Tim Lawlor, Chief Financial Officer                            01249 710000

Buchanan

Richard Oldworth, Victoria Hayns, Jane Glover         020 7466 5000

 

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