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GC Asia
Babcock set to refinance Eu1bn of VT Group acquisition loans
UK engineering support services company Babcock International Group is set to refinance £1bn of loans taken out last year to support its acquisition of VT Group over the coming months.
The group is already in the process of refinancing a £400m bridge loan, and will complete the refinancing of a £600m revolving credit facility after its financial year end at the end of March.
In March last year, Babcock signed a £400m 2011 bridge facility to support its £1.5bn ...Already a subscriber? Login
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