REG - 3i Group PLC - Action refinancing and Capital Markets seminar
RNS Number : 1938H3i Group PLC09 March 20183i Group plc
9 March 2018
Action refinancing and Private Equity Capital Markets seminar
Action, 3i Group plc's ("3i") largest investment, has successfully syndicated and completed a 2.41 billion all-senior debt refinancing, comprising a 2.285 billion Term Loan B and a 125 million Revolving Credit Facility. Proceeds from the refinancing were used to refinance existing debt and finance a distribution to shareholders. 3i expects to receive cash of c.321 million from Action by 31 March 2018.
3i will be holding a Private Equity Capital Markets Seminar today, involving a presentation from the management team of Action. No material new information or update on current trading will be provided during the Seminar.
Presentation materials will be made available on 3i's website (www.3i.com).
Ends
For further information, please contact:
Silvia Santoro
Investor Relations Director
Tel 020 7975 3258Kathryn van der Kroft
Communications Director
Tel 020 7975 3021About 3i Group
3i is a leading international investment manager focused on mid-market Private Equity and Infrastructure. Our core investment markets are northern Europe and North America.
For further information, please visit: www.3i.com
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCUGUQUWUPRGRR
Recent news on 3i
See all newsREG - 3i Group PLC - Block listing Interim Review
AnnouncementREG - 3i Group PLC - Director/PDMR Shareholding
AnnouncementREG - 3i Group PLC - Director/PDMR Shareholding
AnnouncementREG - 3i Group PLC - Total Voting Rights
AnnouncementREG - 3i Group PLC - Director/PDMR Shareholding
Announcement