Sharechat Logo

Restaurant Brands Renews Banking Facilities

Friday 16th December 2022

Text too small?

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.



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

CDC Independent Valuation - 30 June 2025
TruScreen Group Limited SPP Update
THL provides updated guidance
CEN - Greymouth gas deal
July 4th Morning Report
July 3rd Morning Report
ikeGPS Chief Financial Officer Transition
TWL - TradeWindow announces strategic partnership with FTA
BLT - Patent issue settled and new 5 year agreement with BSP
July 2nd Morning Report