Facilité de crédit renouvelable
Investissements dans les infrastructures GCP Limitée
("GCP Infra" ou la "Société")
LEI : 213800W64MNATSIV5Z47
Facilité de crédit renouvelable
20 Février 2024
GCP Infra is pleased to announce that on 15 February 2024, the Company entered into a new revolving credit facility ("RCF"). The Company has reduced the total RCF commitments to £150 million, from £190 million previously, in line with the Company's stated capital allocation policy that has been set out in the 2023 annual report.
The RCF has been agreed with four lenders, Lloyds Bank, Mizuho Bank, Allied Irish Bank and Clydesdale Bank (trading as Virgin Money). The new facility has a three-year term and was refinanced on similar terms to the previous RCF, with the most notable amendment being the introduction of additional flexibility in utilisations and repayments to allow the Company to enhance its working capital management. The interest and commitment fees charged remain unchanged at SONIA plus 2.00% per annum and 0.70% per annum respectively.
As part of the refinance, the Company repaid c. £10 million of the RCF, reducing the drawn balance to c. £96 million, after accounting for accrued interest and refinance costs (31 December 2023: £104 million). The Company's net debt position is currently c. £72 million.
The Company remains committed to materially repay the RCF and intends to return at least £50 million of capital to shareholders during 2024 as has been set out previously. Further updates on the progress of the Company's disposal activities will be provided in due course.
Pour de plus amples informations s'il vous plaît contacter:
Gestion de capital Gravis Limitée Philippe Kent Ed Simpson Maxime Gilbert
| + 44 (0) 20 3405 8500 |
RBC Marchés des Capitaux Matthieu Coakes Elizabeth Evans
| + 44 (0) 20 7653 4000 |
Stifel Nicolas Europe Limitée Edward Gibson-Watt Jonathan Wilkes-Vert
| + 44 (0) 20 7710 7600 |
Buchanan/Plume Hélène Tarbet Sarah Gibbons-Cuisine Henry Wilson
| + 44 (0) 20 7466 5000 |
Notes à la rédaction
À propos de GCP Infra
GCP Infra is a closed-ended investment company and FTSE-250 constituent. Its shares are traded on the main market of the London Stock Exchange. The Company's objective is to provide shareholders with regular, sustained, long-term distributions and to preserve capital over the long term by generating exposure to UK infrastructure debt and related and/or similar assets.
La Société cible principalement des investissements dans des projets d'infrastructure avec des revenus à long terme, soutenus par le secteur public et basés sur la disponibilité. Dans la mesure du possible, les investissements sont structurés de manière à bénéficier d'une protection partielle contre l'inflation. GCP Infra est conseillé par Gravis Capital Management Limited.
GCP Infra a été récompensé avec le Green Economy Mark de la Bourse de Londres en reconnaissance de sa contribution à des résultats environnementaux positifs.
RNS peut utiliser votre adresse IP pour confirmer le respect des termes et conditions, pour analyser votre interaction avec les informations contenues dans cette communication et pour partager cette analyse de manière anonyme avec d'autres dans le cadre de nos services commerciaux. Pour plus d'informations sur la manière dont RNS et la Bourse de Londres utilisent les données personnelles que vous nous fournissez, veuillez consulter notre Politique de confidentialité.