XP Factory PLC (GB:XPF) has released an update.
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XP Factory PLC, a leading UK experiential leisure group, has finalized a £10m revolving credit facility with Barclays Bank PLC, set to bolster growth for its Escape Hunt and Boom Battle Bar brands. The new facility is expected to aid in refinancing existing debt at lower costs, provide additional working capital, and facilitate an accelerated expansion of the company’s network. With a strong track record of generating high returns on capital and significant free cash flow, XP Factory touts the potential for increasing its pace of new site openings while maintaining conservative debt ratios.
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