Collins Foods refinances debt facilities
Collins Foods (ASX:CKF) has entered into binding documentation to refinance its existing syndicated debt facilities.
The existing facilities of $270 million and €60 million will be refinanced under a new syndicated facility agreement comprising $265 million and €80 million revolving facilities.
Collins Foods Managing Director & CEO, Graham Maxwell says the New Facilities will support their ongoing operational strategy in Australia and Internationally.
Shares in Collins Foods (ASX:CKF) are trading 0.8 per cent lower at $10.15
Copyright 2019 – Finance News Network
Source: Finance News Network