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Cooks Coffee Company - COOKS COFFEE SECURES BANK FUNDING


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Cooks Coffee Company Limited · COOK

01/04/2025 09:39

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".

 

For more information on the content of this announcement, please contact:

Cooks Coffee Company Limited

+64 21 702 509 (New Zealand)

Keith Jackson (Executive Chairman)

keith.jackson@cookscoffeecompany.com

Aiden Keegan (Chief Executive)

+44 (0) 7980 608 440 (UK)

aiden@esquirescoffee.co.uk

+44 (0) 20 3934 6630 (UK)


ukinvestorrelations@cookscoffeecompany.com

IFC Advisory Limited (Financial PR & IR)

+44 (0) 20 3934 6630

Tim Metcalfe, Graham Herring,

Florence Chandler

cookscoffee@investor-focus.co.uk

Oberon Capital (AQSE Corporate Adviser and Broker)

+44 (0) 20 3179 5300

Nick Lovering, Adam Pollock, Mike Seabrook


 

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