COR Coretx Hldgs

TIDMCSI

RNS Number : 7977M

Castle Street Investments PLC

25 January 2016

Castle Street Investments plc

("Castle Street" or "the Company")

New Bank Facilities

Castle Street Investments plc (AIM: CSI), is pleased to announce that, following the recent announcement of agreed terms, it has now secured new bank facilities ("the New Facilities") with The Royal Bank of Scotland plc. The facilities comprise a five year GBP7 million Revolving Credit Facility ("RCF") available to the Company until 22 January 2021 and a GBP2 million overdraft facility renewable annually.

In addition, the RCF also contains an accordion feature that allows the total facility to be increased by up to a further GBP10 million.

The New Facilities will augment Castle Street's existing cash resources and enable the Company to support its organic and acquisitive growth initiatives.

For more information please contact:

 
 
 Castle Street Investments 
  plc 
 Andy Ross, Chief Executive   Tel: +44 (0) 
  Officer                      7899 664 193 
 Julian Phipps, Chief         Tel: +44 (0) 
  Financial Officer            7852 714 674 
 
 N+1 Singer (Nominated        Tel: +44 (0)20 
  Adviser and Broker)          7496 3000 
 Sandy Fraser 
 Jen Boorer 
 MXC Capital Markets          Tel: +44 (0)20 
  LLP (Financial Adviser)      7965 8149 
 Marc Young 
 Charlotte Stranner 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGRDBGDBLBDBGLD

(END) Dow Jones Newswires

January 25, 2016 02:00 ET (07:00 GMT)

Coretx Hldgs (LSE:COR)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Coretx Hldgs (LSE:COR)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024