Cooks Coffee Secures Bank Funding
01/04/2025 16:00 NZDT, GENERAL
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:
Keith Jackson
Executive Chairman
Cooks Coffee Company Limited
Contact: +64 21 702 509
Angela Griffen
Contact: 0275780889
Important Notices and Disclaimer
This announcement has been prepared for publication in New Zealand, and may not be released to US wire services or distributed in the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 (the “US Securities Act”) or the securities laws of any state of other jurisdiction of the United States, and may not be offered or sold in the United States except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable US state securities laws.