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SPD Sports Direct International Plc

470.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sports Direct International Plc LSE:SPD London Ordinary Share GB00B1QH8P22 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 470.00 469.20 469.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sports Direct International Plc Update on Banking Facility (1327X)

21/11/2017 2:08pm

UK Regulatory


Sports Direct (LSE:SPD)
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TIDMSPD

RNS Number : 1327X

Sports Direct International Plc

21 November 2017

21 November 2017

SPORTS DIRECT INTERNATIONAL PLC

("Sports Direct" or the "Company")

Update on banking facility

Sports Direct is pleased to announce that it has recently entered into a new Revolving Credit Facility ("RCF") which replaces its existing facility. The RCF, which is valid for four years (with a one year extension option), will provide the Group with access to borrowings of up to a maximum amount of GBP907.5m. However, the Company anticipates that, due to our ongoing high street elevation strategy, it is likely that we will seek via an accordion arrangement to increase this facility to c. GBP1billion.

Ends.

 
 Sports Direct International 
  plc                            T. 0344 245 9200 
  Cameron Olsen, Company         E. investor.relations@sportsdirect.com 
  Secretary 
 KBA PR 
  Keith Bishop                   T. 0207 734 9995 
                                 E. sd@kbapr.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCZFLFLDFFBFBQ

(END) Dow Jones Newswires

November 21, 2017 09:08 ET (14:08 GMT)

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