Britvic boosted by refinancing

Shares in Britvic climbed 5% today after the soft drinks firm said it had secured new banking facilities through to May 2012.

The Chelmsford-based company, which includes Robinsons squash and Fruit Shoot in its portfolio, has agreed a new six-bank facility worth £283m (€317m), replacing a £300m (€336m) arrangement due to mature in May 2010.