Babcock £300m three-year revolving credit facility (2021)
Key terms
- Borrower or issuer
- Babcock International
- Date
- May 2021
- Type
- Bank facility
- Amount
- £300m (US$412m)
- Maturity
- 2024-05-20
Recorded terms
- Structure
- Three-year revolving credit facility maturing 20 May 2024, alongside the £775m RCF
- Country
- United Kingdom
Parties
- Babcock International borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 8 Oct 2026 | Rheinmetall €1.5bn syndicated revolving credit facility | Bank facility | €1.5bn |
| 18 Sep 2026 | EIB €250m covered bond and guarantee with National Bank of Greece for security and defence | Bank facility | €250m |
| 24 Aug 2026 | Lockheed Martin US$2.25bn 364-day revolving credit facility (2026) | Bank facility | US$2.25bn |
| 28 Jul 2026 | RENK €1.05bn unsecured syndicated financing (2026) | Bank facility | €1.05bn |
| 20 Jul 2026 | EIB €50m intermediated loan to CrediaBank for security and defence | Bank facility | €50m |
More from Babcock International
| Date | Financing | Type | Amount |
|---|---|---|---|
| 7 Jul 2026 | Babcock International £250m 5.125% bonds due 2031 | Bond | £250m |
| 13 Sep 2019 | Babcock International €550m 1.375% notes due 2027 | Bond | €550m |
| 11 Sep 2019 | Babcock £775m revolving credit facility renewal (2019) | Bank facility | £775m |
| 4 Oct 2016 | Babcock International £300m 1.875% bonds due 2026 | Bond | £300m |
Sources
- Babcock full-year results 2022 (RNS) investegate.co.uk · 28 Jul 2022
About this record
Record DEF-2021-0022, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
