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Refinancing of Revolving Credit Facility

28th Jul 2025 07:00

RNS Number : 6939S
Trainline PLC
28 July 2025
 

 

 

28th July 2025

 

Trainline plcRefinancing of Revolving Credit Facility

Trainline plc ("the Company") is pleased to announce the successful refinancing of its Revolving Credit Facility ("RCF"). This refinancing strengthens the Group's liquidity position and extends the RCF maturity under more flexible terms.

 

The new unsecured facility totals £450 million, replacing the Company's existing £325 million RCF, which was due to mature in November 2026. The facility has been arranged with a syndicate comprising a mix of existing and new lending partners, reflecting continued support for the Company's growth strategy.

 

The new RCF has an initial three-year term, with two optional one-year extensions, and includes an accordion feature allowing the Company to increase the facility by up to an additional £150 million.

 

 

Enquiries

For investor enquiries, Andrew Gillian [email protected]

For media enquiries, Hollie Conway [email protected]

 

Brunswick Group

Simone Selzer [email protected] / +44 207 404 5959

 

Forward looking statements and other important information

This document is for informational purposes only and does not constitute an offer or invitation for the sale or purchase of securities or any businesses or assets described in it, nor should any recipients construe the information contained in this document as legal, tax, regulatory, or financial or accounting advice and are urged to consult with their own advisers in relation to such matters. Nothing herein shall be taken as constituting investment advice and it is not intended to provide, and must not be taken as, the basis of any decision and should not be considered as a recommendation to acquire any securities of Trainline.

This document contains forward looking statements, which are statements that are not historical facts and that reflect Trainline's beliefs and expectations with respect to future events and financial and operational performance. These forward looking statements involve known and unknown risks, uncertainties, assumptions, estimates and other factors, which may be beyond the control of Trainline and which may cause actual results or performance to differ materially from those expressed or implied from such forward-looking statements. Nothing contained within this document is or should be relied upon as a warranty, promise or representation, express or implied, as to the future performance of Trainline or its business. Any historical information contained in this statistical information is not indicative of future performance. The information contained in this document speaks only as at the date of this document and Trainline expressly disclaims any obligations or undertaking to release any update of, or revisions to, any forward-looking statements in this document.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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Trainline
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