The UK’s Wilmington has renewed its sterling revolving credit facility, with the digital business publishing house switching out one of its lending banks in the process.
Wilmington’s new £65m deal will mature in July 2023, with an option to extend the tenor to October 2024.
The deal comes with a £35m accordion facility, allowing the borrower to increase the size up to £100m.
Barclays, NatWest Markets and the Bank of Ireland provided the new facility. The