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Amendment to Flint Group Debt Facility - March 27, 2013

Published March 27, 2013
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Flint Group announced the early completion of a process to amend the current debt facilities, to both extend the maturities out to 2016/18 and to enhance the covenant headroom available to the Group in order to provide additional financial flexibility.

“The response from Flint Group’s lenders to approve these debt facility enhancements was overwhelmingly positive,” Antoine Fady, CEO of Flint Group, said. “This clearly demonstrates the confidence our lenders have in the continued success of Flint Group as a financially strong and robust business with a clear focus on strategy and delivery. This is an excellent achievement in the development of Flint Group’s capital structure which benefits our customers, suppliers, employees and other stakeholders.”

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