FULLER SMITH & TURNER PLC - New Bank Facility

PR Newswire

28 August 2014                         FULLER, SMITH & TURNER P.L.C.                        Completion of Bank refinancingFuller, Smith & Turner P.L.C. ("Fuller's" or "the Company"), the London brewerand premium pub company, announces that it has successfully arranged new £180million bank loan facilities, with immediate effect. The new facilities replacethe Company's previous bank borrowing arrangements which were due to expire inMay 2015.The new facilities have a five year term expiring in August 2019, have noamortisation requirements and provide £30 million of additional funding overand above the previous funding arrangements. The facilities are on improvedterms and the savings should offset expected increases next year in LIBOR.                                   - Ends -For further information, please contact:Fuller, Smith & Turner P.L.C.Simon Emeny, Chief Executive (press) 020 8996 2175James Douglas, Finance Director (analysts) 020 8996 2000Georgina Wald, Corporate Communications Manager 020 8996 2198/07831 299801Instinctif Partners 020 7457 2020Paul DownesJustine Warren