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  2. Share Prices
  3. HICL Infrastructure Share Price
  4. HICL Infrastructure Share Regulatory News
  5. Increase in the Group's credit facility

Pin to quick picksHICL Infrastructure Regulatory News (HICL)

HICL Infrastructure Information

Share Price Information for HICL Infrastructure (HICL)

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HICL Infrastructure is an Investment Trust

To deliver a long-term, stable income to shareholders from a diversified portfolio of infrastructure investments positioned at the lower end of the risk spectrum.

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Increase in the Group's credit facility

2 Dec 2016 07:55

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 £200m to £300m.

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 RoperKeith PickardHarry Seekings

Tulchan Communications +44 (0) 20 7353 4200

David AllchurchLatika Shah

Canaccord Genuity Limited +44 (0) 20 7523 8000

Dominic WatersNeil BrierleyWill BarnettDavid Yovichic

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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