7th September 2004
BBA Group - new credit facilities
This announcement appears as a matter of record only
BBA today announces the agreement of new £950m five-year credit facilities with Barclays Capital, BNP Paribas, Citibank N.A and HSBC Bank as Mandated Lead Arrangers and Bookrunners and, with Bayerische Landesbank, Lloyds TSB Bank, Mizuho Corporate Bank and The Royal Bank of Scotland, Mandated Lead Arrangers. Lloyds TSB Bank is the Facility Agent.
The new facility replaces two previous facilities - one for £300m which was due to expire in November 2007 and another for £550m which was due to expire in February 2005.
Enquiries
Andrew Wood, Group Finance Director, BBA Group PLC, 020 7514 3999
Mark Dawkins, Group Treasurer, BBA Group PLC, 020 7514 3999
2004 Interims Results Presentation, 2nd September 2004