Pantheon Infrastructure agrees multicurrency revolving credit facility

£62.5m aggregate commitment

Pantheon Infrastructure has agreed a multicurrency revolving credit facility, representing an aggregate commitment of £62.5m.

The new loan facility has been secured with Lloyds Bank Corporate Markets and will be secured against certain assets of the trust. It will include an uncommitted accordion feature, accessible subject to approval by additional lenders, and is set to increase over time in line with the company's net asset value and borrowing policy. Pantheon Infrastructure sets £250m fundraising target While the RCF is denominated in sterling, it will feature the option to utilise the loan facility in other major currencies. Pantheon Infrastructure will pay an initial margin of 2.85% per annum ove...