Collins Foods refinances debt facilities

Company News

by Rachael Jones

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
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.