Tip Trailer's revolver nears €1bn as it funds growth

Tip Trailer
By Mike Turner
05 Feb 2019

Tip Trailer, the Dutch trailer services company, has refinanced its revolving credit facility, ramping the size up to €967m as it gathers funding for a range of growth plans.

The five year loan with two one year extension options replaces a €700m revolver.

Ten banks provided the funding, which the company said had a lower margin than the deal being refinanced. 

“The refinancing of our RCF and the liquidity it provides put us in a strong position to continue ...

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