Ascential adds lenders during sterling refi

By Mike Turner
25 Feb 2020

Ascential, the UK media and events company, scaled back lenders after its £450m-equivalent bank line refinancing was oversubscribed.

The new five year facility refinances a €460m-equivalent facility signed in 2016.

"The customer managed to expand their relationship banking group," said a banker on the deal. "It's a fairly strong geographical split of business in a good sector."

BNP Paribas and NatWest Markets arranged the transaction. They had been on ...

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