ABP Finance Plc - Bank Facilities Refinance
August 29, 2014
ABP Finance Plc announces that ABP Acquisitions UK Limited, a fellow subsidiary of ABPA Holdings Limited, has completed on GBP400m of revolving credit facilities; GBP300m of which are with the existing banking syndicate and due to mature in 2019, with a further GBP100m bilateral revolving facility due to mature in 2022.
The funds will be used to refinance the remaining £50m of the term facility and replace £325m of currently undrawn revolving facilities due to mature in 2016.
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