| CATEGORY: NEWS AND ANNOUNCEMENTS SECTOR: SOFTWARE & COMPUTER SERVICES |
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Invensys signs new bank facilities |
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Fri 30 Mar 2012
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LONDON (SHARECAST) - Engineering and software group Invensys has signed two new five-year multi-currency bank facilities.
The facilities total £600m, comprising a £350m bonding and guarantee facility and a £250m revolving credit facility.
These replace the £400m facility due to expire in July 2013. The interest margin and covenants are in line with the previous facility.
The share price had risen 2.53% to 198.80p by 15:42.
NR
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