Dairy Crest agrees £600m bank deal

Cathedral City cheese maker Dairy Crest has agreed fresh £600 million bank facilities that run until 2016.

By The Newsroom

Published 15th Oct 2011, 01:06 BST

The firm yesterday said key covenants remain unchanged but margins have increased slightly to reflect current market conditions. Chief executive Mark Allen said: “This delivers security of funding in the medium term.”