RNS Number : 8707B
Fisher (James) & Sons plc
07 June 2023
 

7 June 2023

James Fisher and Sons plc

 

Completion of refinancing

 

Further to the announcement of 26 April 2023, James Fisher and Sons plc (FSJ.L) ("James Fisher" or the "Group"), is pleased to confirm that it has signed its new revolving credit facility.

 

The Group's new £210m secured revolving credit facility, which matures in March 2025 (the "RCF"), has been provided by its six existing lenders. The key terms of the RCF are in line with those expected at the time of the announcement in April.

 

Jean Vernet, Chief Executive Officer, commented:

 

"We are pleased to have successfully signed our core bank facilities and appreciate the support of our lenders over recent weeks to achieve this. The new RCF provides a solid financial base from which we can continue to execute the transformation strategy outlined at the time of our 2022 Full Year results."

 

 

For further information:

James Fisher and Sons plc

Jean Vernet

Duncan Kennedy

Chief Executive Officer

Chief Financial Officer

020 7614 9503

FTI Consulting

Richard Mountain

Susanne Yule


0203 727 1340

 

 

 

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