HICL Infrastructure Company Ld Increase in the Group's credit facility (7969Q)
02 December 2016 - 6:55PM
UK Regulatory
TIDMHICL
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 GBP200m to GBP300m.
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.
-ends-
Enquiries
InfraRed Capital Partners Limited +44 (0) 20 7484 1800
Tony Roper
Keith Pickard
Harry Seekings
Tulchan Communications +44 (0) 20 7353 4200
David Allchurch
Latika Shah
Canaccord Genuity Limited +44 (0) 20 7523 8000
Dominic Waters
Neil Brierley
Will Barnett
David Yovichic
This information is provided by RNS
The company news service from the London Stock Exchange
END
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December 02, 2016 02:55 ET (07:55 GMT)
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