Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Blacks Leisure extends banking facility

Blacks Leisure has extended its banking facility with Lloyds Banking Group until August 31 while it continues discussions with the lender about a new financial structure.

Blacks Leisure said it was engaged in discussions with Lloyds regarding provision of a financial structure which would enable the group to accelerate both the exit of the loss-making boardwear business and the development of the outdoor store portfolio.

It added that it had extended its £35 million banking facility with Lloyds until August 31 while talks continued around finding “an appropriate long-term financing solution”. 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.