Debt Sorted3 Jul 2012 18:36
RSA Ins Grp
RSA announces new £500m senior committed debt ...
RSA announces new £500m senior committed debt facility
RSA Insurance Group Plc
RSA announces new £500m senior committed debt facility
RSA has concluded the negotiation of a new £500m five year senior committed debt facility with a syndicate of banks, replacing the existing £455m facility, which was due to expire in March 2013.
Richard Houghton, Group CFO, commented “With banks remaining cautious about new lending, this new, larger facility is a strong endorsement of RSA’s balance sheet and financial strength.”