Increase in the Group's credit facility

RNS Number : 7969Q

HICL Infrastructure Company Ld

02 December 2016

 

2 December 2016

HICL Infrastructure Company Limited

Increase in the Group's credit facility

HICL Infrastructure Company Limited ("HICL" or the "Company"), the listed infrastructure investment company advised by InfraRed Capital Partners Limited ("InfraRed"), is pleased to announce that it has successfully increased the size of the Group's revolving credit facility from £200m to £300m.

Terms of the enlarged facility remain the same, with a margin of 1.70% over Libor and expiry in May 2019.

The banks providing the facility have expanded with ING ‎joining National Australia Bank, Lloyds Bank, Royal Bank of Scotland, Sumitomo Mitsui Banking Corporation and HSBC in the banking group.

The Company has increased the size of this facility in light of the pipeline of new opportunities the Group is evaluating.

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Enquiries

InfraRed Capital Partners Limited                            [phone]

Tony Roper
Keith Pickard
Harry Seekings

Tulchan Communications                                            [phone]

David Allchurch
Latika Shah

Canaccord Genuity Limited                                         [phone]

Dominic Waters
Neil Brierley
Will Barnett
David Yovichic

 

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