Restaurant Brands Renews Banking Facilities

MKTUPDTE
Thu, Dec 15 2022 09:48 am

15 December 2022
NZX
ASX


Restaurant Brands Renews Banking Facilities

Restaurant Brands New Zealand Limited (RBD) is pleased to announce that it has renewed its current bank lending facilities with Westpac, JPMorgan, Rabobank and Bank of China - the majority of which were due to expire in April 2023.

RBD has bi-lateral committed bank debt facilities under a global negative pledge arrangement totalling approximately $370 million (NZD equivalent). The facilities are split between NZD, USD and AUD tranches with a mix of four and five year tenors.

The lending facilities are on similar terms to RBD’s previous banking arrangements and will be used to repay existing facilities and for general corporate purposes.





Authorised by
Callum Webb
Company Secretary
09 525 8700


Announcement PDF


Markets News

Oceania forecasts sales lift as it targets debt
Property

Oceania forecasts sales lift as it targets debt

It said sales applications had lifted 23% between July and August.

Markets

New structure, powers for ComCom

Groceries, aviation, building supplies, digital services carparking all get a mention.

New structure, powers for ComCom
Markets

F&P Healthcare urges Govt to shut patent loophole

The company says the current patent loophole threatens its NZ operations.

F&P Healthcare urges Govt to shut patent loophole