Extension of Credit Facility
Summary by AI BETAClose X
2 November 2026
For immediate release
The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, Canada, Australia (other than to persons who are both wholesale clients and professional or sophisticated investors in Australia), Japan, the Republic of South Africa or any other jurisdiction where its release, publication or distribution is or may be unlawful.
Pantheon International Plc
("PIN" or the "Company")
Extension of Credit Facility
Pantheon International Plc, a FTSE 250 investment trust that provides access to an actively-managed global and diversified portfolio of private equity-backed companies, has agreed to extend its multi-currency revolving credit facility ("Credit Facility"), which was due to expire in October 2029, to October 2030. The Credit Facility continues to be sized at approximately £400m equivalent commitment and retains the flexibility to be increased up to £700m under the existing structure, subject to the consent of the participating lenders.
PIN takes a prudent approach to gearing and when the Credit Facility was extended in October 2025, the Company announced at that time that it had been able to take advantage of an improving interest rate environment to lower borrowing costs by 30bps and loan commitment fees by 15bps. This has resulted in savings of c.£1m per over the last 12 months based on PIN's loan facility utilisation. There have been no changes to the margin or commitment fees since that announcement.
A summary of PIN's Financing Structure is shown below:
|
Credit Facility |
Maturity |
Drawn Margin |
Commitment Fee |
|
$402.3m Tranche A1 Credit Facility |
October 2030 |
Relevant Benchmark + 2.65% |
Rate ranges between 0.55% to 1.0% per annum depending on Credit Facility utilisation |
|
€115.2m Tranche A2 Credit Facility |
October 2030 |
Ends
LEI: 2138001B3CE5S5PEE928
For more information please visit PIN's website at www.pantheon-international.com or contact:
Pantheon
Charlotte Morris / Vicki Bradley
Tel: +44 20 3356 1800
Follow us on LinkedIn: https://www.linkedin.com/company/pantheon-international-plc
NOTES
PIN
PIN is a listed FTSE 250 private equity investment trust, overseen by an independent Board of Directors and managed by Pantheon, one of the leading private equity investment managers globally. PIN offers investors a liquid, differentiated entry point to the excellent growth potential of global private equity, with access to the primary, secondary and co-investment opportunities of some of the best managers in the world. The Company has a track record of NAV outperformance over the long term and manages risk strategically through diversification and rigorous selection based on Pantheon's extensive experience and international platform, and robust investment due diligence and decision-making processes.
Pantheon
PIN is managed and advised by Pantheon, a specialist global private markets investor. Pantheon has been at the forefront of private markets investing for more than 40 years, earning a reputation for providing innovative solutions covering the full lifecycle of investments, across private equity, real assets and private credit. The firm has partnered with more than 740 clients, with approximately $84.8bn in discretionary assets under management (as at 31 March 2026).
Important Information
A copy of this announcement will be available on the Company's website at www.pantheon-international.com. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.
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.
Latest directors dealings
- 25 minutes ago Shell
- 1 hour ago CHINA PACIFIC INSURANCE (GROUP) CO., LTD
- 2 hours ago Kazera Global
- 2 hours ago Redcentric
- 2 days ago City of London Investment Group