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IN BRIEF: Fuller, Smith & Turner refinances debt facilities

ALN

Fuller, Smith & Turner PLC - London-based pub and hotel company - Completes refinancing of its debt facilities of £192 million that were due to mature in February 2023. Its new debt facilities consist of a £90 million term loan and a £110 million revolving credit facility, provided by a syndicate of seven banks.

It has an initial maturity date of May 31, 2026. Adds that the new facilities are £119 million drawn, leaving £81 million of undrawn facilities available.

Current stock price: 569.32 pence, up 3.1% on Wednesday

12-month change: down 38%

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