Register
 (photo: Carillion plc)
30.11.2015, 09:51

Carillion Renews Banking Facility

Company News

Carillion has renewed its main revolving bank facility and extended the maturity date by nearly three years, from March 2018 to November 2020.  The £790 million facility has also attracted reduced pricing across the board, which reflects the strength of the Group's credit standing. 

This facility, together with private placement funding that expires between 2017 and 2024, convertible bonds maturing in 2019 and three small bilateral facilities, means that total funding available to the Group is some £1.4 billion, which provides the Group with considerable financial strength to support its strategy for growth.

Commenting, Carillion Group Finance Director, Richard Adam, said: "Extending our main revolving debt facility by nearly three years at improved pricing, clearly indicates the strength of Carillion's credit standing within the debt capital markets and their support for our strategy for growth."  

Article rating:

vote data

(Photograph: Francisco Anzola). (photo: Francisco Anzola)
Carillion PLC  - 14.07.2015, 11:45

£80 Million BP Oman Contract for Carillion Alawi

Carillion's market leading business in Oman, Carillion Alawi, has been awarded a contract by BP to build the operational base and accommodation complex for its Khazzan gas project.

 (photo: WPS Parking Systems BV)
WPS Parking Systems BV  - 15.03.2017, 14:04

Next-generation Parking Technology for Celtic Manor

WPS, one of the UK’s leading parking equipment manufacturers, has won a second contract to provide its ParkAdvance™ technology at the prestigious Celtic Manor Resort in Newport.

 (photo: Infomill Ltd)
Infomill Ltd  - 09.01.2017, 12:22

New Version of PartsArena Pro App

Heating engineers across the UK will enjoy a new, updated version of PartsArena Pro from January 2017 as creator, Infomill rolls out its latest improvements to the leading source of heating parts...

Crocus on site. (photo: Bodet Ltd.)
Bodet Ltd  - 22.09.2016, 20:30

Nursery and Garden Produce Staff Go Biometric

Leading nursery and online garden produce retailer Crocus have just installed the very latest Bodet interactive time and attendance system, to provide accurate and reliable staff attendance data...

 (photo: QTS)
QTS Realty Trust  - 24.11.2015, 17:40

One of Dallas' Most Influential Business Leaders

QTS Realty Trust, a leading provider of secure, compliant data center solutions and cloud services, today announced that Travis Wright, Site Director at QTS' Dallas-Fort Worth data center, has been...