Welcome Break boosts liquidity

Welcome Break Birchanger

Welcome Break has boosted its liquidity after repurposing £25m of a dedicated capital expenditure facility in into a revolving credit facility. Lenders to Welcome Break have also relaxed or remove covenant conditions for tests up to and including June 2021. Parent company Applegreen said it thanked the lenders for their “ongoing support for Welcome Break and the confidence they have demonstrated” in its business model.

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