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Wilmington PLC (WIL)

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Thursday 04 July, 2019

Wilmington PLC

Extension of debt facility

RNS Number : 4243E
Wilmington PLC
04 July 2019
 

4 July 2019

Wilmington plc

Extension of debt facility

 

 

Wilmington plc (LSE: WIL), the provider of information, education and networking services in Risk & Compliance, Professional and Healthcare knowledge areas, today announces that it has signed a revised revolving credit facility that extends its existing facility from 1 July 2020 to 3 July 2023, with an option to further extend to 3 October 2024.  The revised facility is with Barclays Bank PLC, Royal Bank of Scotland plc and The Governor and Company of the Bank of Ireland and is on materially the same terms as the previous arrangement.  The initial limit on the revised facility is £65m and the agreement provides for an accordion option whereby the facility limit may be increased by up to £35m to a total commitment of £100m.

 

For further information, please contact:

Wilmington plc  

Richard Amos, Chief Financial Officer

 

FTI Consulting

Charles Palmer / Dwight Burden / Leah Dudley

020 7490 0049

 

 

 

020 3727 1000

 

Notes to Editors

 

Wilmington is the recognised knowledge leader and partner of choice for information, education and networking in Risk & Compliance, Professional and Healthcare areas. Wilmington employs close to 1,000 people and operates in 120 countries. Wilmington plc is a premium listed company on the main market of the London Stock Exchange.

 

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