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

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.

  • By Mike Turner
  • 05 Feb 2019

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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5 Citi 2,758.74 10 5.28%

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