Cooks Coffee secures BANK funding
Cooks Coffee Company - COOKS COFFEE SECURES BANK FUNDING
RNS Number : 1245D
Cooks Coffee Company Limited
01 April 2025
1 April 2025
Cooks Coffee Company Limited
("Cooks Coffee", or the "Company")
Cooks Coffee secures BANK funding
Cooks Coffee (NZX: CCC, AQUIS: COOK) is pleased to advise that on 31 March 2025 it has finalised a NZ$1.6 million loan facility with a term of 15 years, and a NZ$1.0 million loan facility with a term of 5 years, each with Bank of New Zealand.
The loan facilities have enabled Cooks Coffee to repay or refinance all existing debt, and provide further funding to support the group's ongoing operations and strategic initiatives.
Mr Keith Jackson, Chairman of Cooks Coffee said, "the debt repayment and re-financing will have a meaningful positive impact for the Company, with significantly reduced ongoing finance costs".
Enquiries:
Cooks Coffee Company Limited
Keith Jackson (Executive Chairman)
+64 21 702 509 (New Zealand)
keith.jackson@cookscoffeecompany.com
Aiden Keegan (Chief Executive)
aiden@esquirescoffee.co.uk
+44 (0) 7980 608 440 (UK)
ukinvestorrelations@cookscoffeecompany.com
+44 (0) 20 3934 6630 (UK)
IFC Advisory Limited (Financial PR & IR)
Tim Metcalfe, Graham Herring, Florence Chandler
+44 (0) 20 3934 6630
cookscoffee@investor-focus.co.uk
Oberon Capital
Nick Lovering, Adam Pollock, Mike Seabrook
+44 (0) 20 3179 5300
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