Collins Foods refinances debt facilities

26/09/2019 11:00:00

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Collins Foods (ASX:CKF) has entered into binding documentation to refinance its existing syndicated debt facilities.

The existing facilities of $270 million and €60 million will be refinanced under a new syndicated facility agreement comprising $265 million and €80 million revolving facilities.

Collins Foods Managing Director & CEO, Graham Maxwell says the New Facilities will support their ongoing operational strategy in Australia and Internationally.

Shares in Collins Foods (ASX:CKF) are trading 0.8 per cent lower at $10.15