Refinancing of Revolving Credit Facility
Refinanced £450m revolving credit facility, replacing £325m facility maturing November 2026.
- New RCF size £450 million
- Previous RCF size £325 million
- Accordion feature up to £150 million
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Trainline plc ("the Company") is pleased to announce the successful refinancing of its Revolving Credit Facility ("RCF"). This refinancing strengthens the Group's liquidity position and extends the RCF maturity under more flexible terms.
The new unsecured facility totals £450 million, replacing the Company's existing £325 million RCF, which was due to mature in November 2026. The facility has been arranged with a syndicate comprising a mix of existing and new lending partners, reflecting continued support for the Company's growth strategy.
The new RCF has an initial three-year term, with two optional one-year extensions, and includes an accordion feature allowing the Company to increase the facility by up to an additional £150 million.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.