Future plc says: The new facilities have reduced funding costs and fewer covenants. The maturity date is 31 December 2017 with options to extend through to 31 December 2019. There is a further option to increase the total revolving facility commitment by £2.0m. These facilities have been provided by Santander UK plc, an existing lender to the Group.
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Future completes refinancing
Future plc has arranged a new £5.5m multicurrency revolving and overdraft facility ahead of the maturity of its existing facilities in December 2015.
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