Wilmington PLC Extension of debt facility (4243E)
July 04 2019 - 2:00AM
UK Regulatory
TIDMWIL
RNS Number : 4243E
Wilmington PLC
04 July 2019
4 July 2019
Wilmington plc
Extension of debt facility
Wilmington plc (LSE: WIL), the provider of information,
education and networking services in Risk & Compliance,
Professional and Healthcare knowledge areas, today announces that
it has signed a revised revolving credit facility that extends its
existing facility from 1 July 2020 to 3 July 2023, with an option
to further extend to 3 October 2024. The revised facility is with
Barclays Bank PLC, Royal Bank of Scotland plc and The Governor and
Company of the Bank of Ireland and is on materially the same terms
as the previous arrangement. The initial limit on the revised
facility is GBP65m and the agreement provides for an accordion
option whereby the facility limit may be increased by up to GBP35m
to a total commitment of GBP100m.
For further information, please contact:
Wilmington plc
Richard Amos, Chief Financial
Officer 020 7490 0049
FTI Consulting
Charles Palmer / Dwight Burden
/ Leah Dudley 020 3727 1000
Notes to Editors
Wilmington is the recognised knowledge leader and partner of
choice for information, education and networking in Risk &
Compliance, Professional and Healthcare areas. Wilmington employs
close to 1,000 people and operates in 120 countries. Wilmington plc
is a premium listed company on the main market of the London Stock
Exchange.
-End-
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END
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