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Premier Foods draws down £85 million of its £176.6 million revolver
By Sarah Lizee
Olympia, Wash., April 20 – Premier Foods plc drew down £85 million of its £176.6 million committed revolving credit facility, according to a press release.
The group expects to report cash on deposit at the year-end in excess of £175 million, with a further £91.6 million of committed facilities available.
No other long dated maturities are due before June 2022, the company noted.
Premier Foods is a St. Albans, England-based food manufacturer.
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