BPB plc is pleased to announce the signing of a new £515 million 5 year Revolving Credit Facility. The new Facility, which will replace existing bank lines, has 8 Mandated Lead Arrangers: Bank of America, N.A., (co-ordinator), Barclays Capital, (co-ordinator), BNP Paribas, Citibank N.A., Commerzbank AG London Branch, HSBC Bank plc, ING Bank N.V. and The Royal Bank of Scotland plc. Other lenders are Allied Irish Banks, plc, Sumitomo Mitsui Banking Corporation Europe Limited and Svenska Handelsbanken AB (publ). The agent for the Facility is Commerzbank AG.


Commenting on the new Facility, Paul Hollingworth, Group Finance Director BPB plc said, “this is a well priced, well structured transaction which enhances our existing debt funding platform”.