Get Level 2

If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE
REMOVE ADS
REMOVE ADS

Latest Share Chat

  2. Share Prices
  3. Grainger plc Share Price
  4. Grainger plc Share Regulatory News
  5. Grainger extends core banking facility to 2033

Pin to quick picksGrainger plc Regulatory News (GRI)

Grainger plc Information

Share Price Information for Grainger plc (GRI)

Share Price is delayed by 15 minutes
Get Live Data
173.80    0.90 (0.52%)
Bid:
174.30
Ask:
174.40
Spread: 0.10 (0.057%)
Market Cap: £1.28b
GRI Live PriceLast checked at - London Stock Exchange

Intraday Grainger plc Share Chart

Grainger extends core banking facility to 2033

11 May 2026 07:00

RNS Number : 7060D
Grainger PLC
11 May 2026
 

11 May 2026

Grainger plc

("Grainger" or the "Company")

Grainger extends core banking facility to 2033 at improved margins,saving c.£1m in finance costs annually

 

Grainger, the UK's largest listed residential landlord and leader in Build to Rent, today announces that it has agreed an extension on £540m of its core banking facilities to 2033 with AIB, Barclays, HSBC and NatWest.

The extensions further strengthen the company's balance sheet with weighted average facility maturity including extension options increasing to 4.6 years.

The extensions were agreed at lower margins, resulting in an annual saving of c.£1m in finance costs.

This is in line with Grainger's previously stated plan to deleverage by £300-350m by FY29, targeting an LTV of 30% and Net Debt to EBITDA of 8x.

- ENDS -

For further information, please contact:

 

Investor relations

Kurt Mueller, Grainger plc: +44 (0) 20 7940 9500

 

Media

Ginny Pulbrook / Geoffrey Pelham-Lane, Camarco: +44 (0) 20 3757 4992 / 4985

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEAKSEFANKEFA
12345678910
Date   Source Headline
21st Oct 20257:00 amRNSNotice of Results and Investor Presentation
16th Oct 202510:22 amRNSDirector/PDMR Shareholding
9th Oct 20257:00 amRNSPost-Close Trading Update
8th Oct 202510:35 amRNSDirector/PDMR Shareholding
6th Oct 20253:16 pmRNSDirector/PDMR Shareholding
3rd Oct 20254:39 pmRNSBlock Listing Return
17th Sep 20257:00 amRNS-RFull lease-up at Grainger’s Oxford BTR Scheme
10th Sep 20257:00 amRNS-RRapid 50% lease-up in under a month at Seraphina
8th Sep 20257:00 amRNSSuccessful conversion to REIT status
3rd Sep 20254:20 pmRNSDirector/PDMR Shareholding
2nd Sep 20257:00 amRNSResult of General Meeting
5th Aug 20252:45 pmRNSDirector/PDMR Shareholding
31st Jul 20257:00 amRNSChair Designate Appointment
30th Jul 202510:07 amRNSDirector/PDMR Shareholding
30th Jul 20257:00 amRNSPublication of a Circular and Notice of GM
11th Jul 20251:06 pmRNS-RMello Retail Investor Conference
9th Jul 20252:14 pmRNSDirector/PDMR Shareholding
9th Jul 20257:00 amRNS-ROxford scheme achieves c.60% lease up in 3 months
7th Jul 20255:08 pmRNSStandard form for notification of major holdings
3rd Jul 20254:03 pmRNSDirector/PDMR Shareholding
25th Jun 20257:00 amRNS-RConstruction completes on latest BTR scheme
24th Jun 20257:00 amRNS-RNew Progressive research note
5th Jun 202512:47 pmRNSDirector/PDMR Shareholding
4th Jun 20259:46 amRNSDirector/PDMR Shareholding
3rd Jun 20257:00 amRNSSuccessful lease up at Millwrights Place
23rd May 20252:56 pmRNSDirector/PDMR Shareholding
21st May 202510:42 amRNSDirector/PDMR Shareholding
15th May 20257:00 amRNSHalf Year Financial Results
6th May 20254:57 pmRNSDirector/PDMR Shareholding
23rd Apr 20257:00 amRNSNotice of Interim Results
11th Apr 20251:34 pmRNSDirector/PDMR Shareholding
2nd Apr 20254:19 pmRNSDirector/PDMR Shareholding
1st Apr 20255:50 pmRNSBlock Listing Return
17th Mar 20253:30 pmRNSDirector/PDMR Shareholding
13th Mar 20259:21 amRNS-RGrainger’s science-based target approved by SBTi
7th Mar 20251:21 pmRNSDirector/PDMR Shareholding
24th Feb 20253:50 pmRNSDirector/PDMR Shareholding
5th Feb 20253:24 pmRNSDirector/PDMR Shareholding
5th Feb 20252:47 pmRNSResult of AGM
5th Feb 20257:00 amRNSTrading Update
22nd Jan 20257:00 amRNS-RInclusion in Dow Jones Sustainability Indices
20th Jan 20258:35 amRNS-RProgressive Initiates Research Coverage
16th Jan 20254:07 pmRNSDirector/PDMR Shareholding
8th Jan 202512:27 pmRNSDirector/PDMR Shareholding
23rd Dec 202412:50 pmRNSDirector/PDMR Shareholding
23rd Dec 202412:48 pmRNSDirector/PDMR Shareholding
19th Dec 20244:42 pmRNSDirector/PDMR Shareholding
19th Dec 20244:37 pmRNSDirector/PDMR Shareholding
13th Dec 20243:50 pmRNSNotice of AGM
10th Dec 20245:24 pmRNSTotal Voting Rights
12345678910

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Recently viewed
TPT
Topps Tiles
LSE
0.59%
AIR
AIR.L
LSE
0.00%
ALM
ALM.L
LSE
0.00%
SDL
SDL.L
LSE
0.00%
AEI
Aberdeen Eq.inc
LSE
0.45%
Trending
PREM
Premier African Minerals
LSE
6.45%
CPI
Capita
LSE
-13.54%
GST
GSTechnologies
LSE
19.05%
FORG
Forgent
LSE
-17.24%
ALRT
Defence Holdings
LSE
-6.50%