20th Dec 2022 15:47
Pantheon Infrastructure PLC - London-based infrastructure investment fund - Agrees new new multicurrency revolving credit facility for GBP62.5 million with with Lloyds Bank Corporate Markets PLC. Says the loan facility includes an uncommitted accordion feature, which will be accessible subject to approval by additional lenders. Adds that the facility will be used for additional liquidity for working capital and to support further investment in "high-quality" infrastructure assets from PINT's near-term investment pipeline.
"We are pleased to partner with a top-tier financial institution to secure this loan facility, which will allow PINT to execute on near-term opportunities from a high quality pipeline of infrastructure assets," says Pantheon partner Richard Sem.
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By Sophie Rose, Alliance News reporter
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