GCP Infrastructure adds another £15m to revolving credit facility
Infrastructure debt-focussed listed fund GCP Infrastructure Investments updated the market on its revolving credit facility on Tuesday, having announced that it had entered into new revolving credit arrangements for an aggregate amount of £150m on 27 March.
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The FTSE 250 firm said it has now entered into an agreement with Royal Bank of Scotland International and ING in respect of a £15m increase to its revolving credit facilities.
“Accordingly, the company's revolving credit arrangements, which are fully drawn and with three lenders - Royal Bank of Scotland International, ING and NIBC Bank - are for an aggregate amount of £165m.”