Premier Farnell plc 16 October 2014 The company announces that it has completed the refinancing of its banking debt with the amendment and extension of its club facilities with Barclays, Bank of America, Fifth Third Bank, HSBC, RBS and Santander. These multicurrency revolving facilities have been extended to £250m expiring in September 2019. This follows the successful refinancing of the company's US Private Placement due in August 2016 to 2024. These facilities give the group the medium term funding security to execute its strategy with confidence and provide the opportunity to consider repaying existing, more expensive debt. For further information, contact: Laurence Bain, Chief Executive Officer Premier Farnell plc +44 (0) 20 7851 4107 Mark Whiteling, Chief Financial Officer Thomas Churchill, Investor Relations Richard Mountain FTI Consulting +44 (0) 20 3727 1374 Premier Farnell's announcements and presentations are published at www.premierfarnell.com together with business information and links to all other Group web sites.
An interim management statement will be announced on 14 November 2014.
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