Refinance package

Wincanton has refinanced its £170 million main banking facility for a further five years.

It said the facility, provided by HSBC, RBS, Barclays, Lloyds and AIB, provided improved pricing for the group.

Group finance director Adrian Colman said: This refinancing provides a strong platform to support growth over the next five years and considerably extends the maturity profile of the Groups debt.

Taking into account the groups other financing arrangements, Wincanton has committed facilities available of £300m in total.

Filed under: News

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