TIDMMWB TIDMMBE TIDMLBE 
 
RNS Number : 2498R 
MWB Group Holdings PLC 
28 April 2009 
 

 
 
FOR IMMEDIATE RELEASE 
28 April 2009 
 
 
 
 
MWB GROUP HOLDINGS PLC: 
EXTENSION OF GROUP BANK FACILITIES 
 
 
MWB Group Holdings Plc ("MWB" or "the Group"), the hotels, serviced offices and 
retail group, today announces that its banking facilities, totalling 
approximately GBP348m, provided by Bank of Scotland and Royal Bank of Scotland 
have been extended from their current term of 31 December 2009 to 31 December 
2011. 
 
 
These facilities comprise three separate loans to Malmaison and Hotel du Vin, 
MWB Business Exchange and MWB. As a result, none of the Group's funding 
facilities are due to expire in the current financial year to December 2009 and 
the shortest expiry date is the facility provided to Liberty, whose term runs to 
30 September 2010. 
 
 
Commenting on these extensions, Richard Balfour-Lynn, MWB's Chief Executive, 
said: "It is in the Group's long term interests to extend these facilities, 
given the current level of illiquidity in the financial markets, and I strongly 
believe that this confirms the robustness of our business model and the 
excellent relationship we have with our financing partners." 
 
 
Ends. 
 
 
Contact: 
    Richard Balfour-Lynn, Chief Executive, MWB.                  Tel: 020 7706 
2121 
    Andrew Blurton, Joint Finance Director, MWB.                 Tel: 020 7706 
2121 
    Baron Phillips, Baron Phillips Associates.    Tel: 020 7920 3161 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCPUUAPCUPBGMM 
 

MWB Business Exchange (LSE:MBE)
Historical Stock Chart
From Jul 2024 to Aug 2024 Click Here for more MWB Business Exchange Charts.
MWB Business Exchange (LSE:MBE)
Historical Stock Chart
From Aug 2023 to Aug 2024 Click Here for more MWB Business Exchange Charts.