Thursday, November 21, 2024

BBGI Global Infrastructure amends revolving credit facility to $195m

Must read

BBGI Global Infrastructure, a global infrastructure investment company, has secured an amendment and extension to its multi-currency revolving credit facility with three existing lenders (ING, DZ and KfW) and Barclays as the new fourth lender, replacing SMBC.

Under the new agreement, the commitment size has been reduced from £230 million ($298 million) to £150 million ($195 million).

BBGI is a responsible infrastructure investment company and a constituent of the FTSE 250 that invests in and actively manages a globally diversified, low-risk portfolio of essential social infrastructure investments.

All of BBGI’s investments are supported by secure public sector–backed contracted revenues, with high-quality inflation-linked characteristics.

The company’s investment portfolio is 100 percent operational, with all its investments located across highly rated investment-grade countries with stable, well-developed operating environments.

BBGI said th

Latest article