QinetiQ refinances £275m revolver

UK defence research company QinetiQ has signed a £275m revolving credit to replace an existing revolver that was due to mature in August 2012. The new multi-currency loan will mature in February 2016.

  • 11 Feb 2011

The company said six relationship banks provided the revolver.

Barclays, JPMorgan, Lloyds, National Australia Bank and RBS formed the bank group on its previous £500m facility, which was signed in 2005 and extended in 2007.

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