BHL Announcement 10.1.20
10 January 2020
BOPARAN HOLDINGS LIMITED ANNOUNCES £35m SECURED FINANCE FACILITY
10th January 2020
Boparan Holdings Limited (the “Company”) today announced that it has negotiated a £35m finance facility secured against the assets of Cavaghan & Gray Limited (the “Facility”)
Cavaghan & Gray Limited operates as a chilled ready meals business within the Meals division of the Group’s portfolio.
The Facility which matures in June 2021 will be used for general corporate purposes. This press release does not constitute an offer to purchase or redeem, or a solicitation of an offer to sell, the Notes.
Please go to the Investor Relations section of the corporate website:
A copy of this announcement will also be made available at:
About Boparan Holdings:
Boparan Holdings is the parent company for 2 Sisters Food Group with headquarters in Birmingham. We are a leading food manufacturer with strong market positions in Protein, Chilled, Bakery and Frozen categories. We focus on delivering the highest quality products to our customers at the lowest cost.
This announcement contains forward-looking statements in relation to Boparan Holdings Limited (the “Company”) and its subsidiaries. By its very nature, forward-looking information requires the Company to make assumptions that may not materialise or that may not be accurate. Forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise, except as required by law.See all our News