Statement re New Banking Facilities
29 Dicembre 2008 - 5:19PM
UK Regulatory
Bovis Homes Group PLC
New Banking Facilities Agreed
29(th)December 2008
Bovis Homes Group PLC is pleased to announce that it has today signed a new banking deal with its existing
relationship banking group, replacing its existing �220 million bilateral banking facilities with a new syndicated
facility. This new facility provides the Group with committed facilities through to 2011: commencing at �220 million,
and reducing to �160 million over its life. The facility includes a covenant package which is more appropriate for the
current trading conditions in the Housebuilding marketplace than those contained within its existing facility
agreements, and pricing has moved upwards to be more reflective of current market trends. More details will be provided
together with the Group's full year trading update in early January.
Enquiries: Bovis Homes Group PLC
David Ritchie, Chief Executive
Neil Cooper, Group Finance Director
Tel: 0207 321 5010
Shared Value Limited
Emily Bruning
Tel: 0207 321 5010
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