Marks & Spencer Group PLC Update on Revolving Credit Facility
RNS Number : 3338V
Marks & Spencer Group PLC
13 April 2021
Issued: 13 April 2021
Marks and Spencer Group Plc
Update on Revolving Credit Facility
Marks & Spencer can confirm it has extended the relaxation
of covenant tests with its lending syndicate of banks providing the
GBP1.1bn revolving credit facility, now up to and including the
period to March 2022. This further secures the group's liquidity to
underpin its recovery and accelerated transformation in 2021.
The group will report preliminary full year results on 26 May
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact email@example.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
(END) Dow Jones Newswires
April 13, 2021 08:30 ET (12:30 GMT)