Refinancing of £125m revolving credit facility

Summary by AI BETAClose X

Ibstock Plc has successfully refinanced its £125 million revolving credit facility, securing an initial four-year term with an extension option and improved pricing. This renewed facility, provided by a syndicate of four existing lenders, reflects continued support for the Group's strategy and includes an accordion feature allowing for an additional £50 million increase.

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Ibstock (IBST)
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