Restamax Plc: RESTAMAX PLC LAUNCHES A DOMESTIC COMMERCIAL PAPER PROGRAMME

Report this content

Restamax Plc

STOCK EXCHANGE RELEASE 24 MAY 2018 at 12:00

RESTAMAX PLC LAUNCHES A DOMESTIC COMMERCIAL PAPER PROGRAMME

Restamax Plc has signed a contract for a MEUR 50 domestic commercial paper programme. Within the framework of the contract, the company may issue commercial papers with maturities of under one year.

The financing arrangement broadens Restamax Plc's financing base and secures the Group's normal investment and working capital financing.

The programme is arranged by Nordea Bank AB (publ).

Additional information:
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655

Distribution:
NASDAQ Helsinki
Major media
www.restamax.fi

Restamax Plc is a Finnish restaurant business and labour hire services group established in 1996. The company, which was listed on NASDAQ Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The Group companies include more than 130 restaurants, nightclubs and entertainment centres all over Finland. Well-known restaurant concepts of the Group include Stefan's Steakhouse, Viihdemaailma Ilona, Classic American Diner and Colorado Bar & Grill. In 2017, Restamax Plc's turnover was MEUR 185.9 and EBITDA MEUR 22.4. Depending on the season, the Group employs approximately 2,400 people converted into full-time workers. Restamax's subsidiary Smile Henkilöstöpalvelut Oy employs approximately 9,000 people per month.

Restamax company website: www.restamax.fi, Restamax consumer website: www.ravintola.fi, Smile Henkilöstöpalvelut: www.smilepalvelut.fi


Subscribe