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IN BRIEF: HICL Infrastructure secures GBP400 million credit facility

Fri, 01st Apr 2022 12:59

HICL Infrastructure PLC - a long-term investor in infrastructure assets - Secures GBP400 million sustainability-linked facility revolving credit facility. Explains that it is a sustainability linked loan, where it will incur premiums or reductions to the interest charged on the facility based on its performance against environmental, social and governance key performance indicators. The facility remains on the same terms as previously.

The facility's consortium of lenders comprises Barclays PLC, Canadian Imperial Bank of Commerce, ING Group NV, Lloyds Banking Group PLC, National Australia Bank Ltd, Royal Bank of Canada, Royal Bank of Scotland International and Sumitomo Mitsui Banking Corp.

Current stock price: 180.12 pence, up 1.2% on Friday

12-month change: up 9.2%

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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