Financing facility update
05/06/2024 07:00
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5 June 2024
ICG Enterprise Trust extends €240m revolving credit facility to 2028
ICG Enterprise Trust plc (‘ICGT’) is pleased to announce that it has
extended the maturity of its €240m revolving credit facility (‘RCF’) by
one year, from 30 May 2027 to 29 May 2028.
There are no changes to any other key terms in the agreement as announced on 1
June 2023
(https://www.globenewswire.com/Tracker?data=GxZ8vl7OY-m_CKU64b-QyZgUzAPI0H4qpDoYurkkz2ISsWl2uH0Q1N53B50hoDUzLy3anWuoiTdVujzmglhQXJv7PxXjYnudCFlV1ASrTAht_8cHozMPq87WPOhrkhthhyXma2iTcY0NKTgncfL8NrcGGCAvfdxloUIuvnGDh2yNmnqlKpe3kOnriPJyLFEXKnUeEiCTw7qEU0FkIdbBABC7FS_0X3vvWRd0paKHXdw=).
At 31 May 2024, ICGT had total available liquidity of £166m (31 January 2024:
£196m). This is comprised of £9m cash and £157m undrawn RCF. As of the same
date, £59m was drawn on the RCF.
Enquiries
Analyst / Investor enquiries
Chris Hunt, Head of Shareholder Relations +44 (0) 20
3545 2000
Media
Cat Armstrong, Corporate Communications, ICG +44 (0) 20 3545
1850
Website
www.icg-enterprise.co.uk
About ICG Enterprise Trust
ICG Enterprise Trust is a leading listed private equity investor focused on
creating long-term growth by delivering consistently strong returns through
selectively investing in profitable, cash-generative private companies,
primarily in Europe and the US, while offering the added benefit to
shareholders of daily liquidity.
We invest in companies directly as well as through funds managed by
Intermediate Capital Group plc ('ICG') and other leading private equity
managers who focus on creating long-term value and building sustainable growth
through active management and strategic change.
Disclaimer
The information contained herein does not constitute an offer to sell, or the
solicitation of an offer to acquire or subscribe for, any securities in any
jurisdiction where such an offer or solicitation is unlawful or would impose
any unfulfilled registration, qualification, publication or approval
requirements on ICG Enterprise Trust PLC (the "Company") or its affiliates or
agents. Equity securities in the Company have not been and will not be
registered under the applicable securities laws of the United States,
Australia, Canada, Japan or South Africa (each an “Excluded
Jurisdiction”). The equity securities in the Company referred to herein and
on the pages that follow may not be offered or sold within an Excluded
Jurisdiction, or to any U.S. person ("U.S. Person") as defined in Regulation S
under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"),
or to any national, resident or citizen of an Excluded Jurisdiction.
The information on the pages herein may contain forward looking statements.
Any statement other than a statement of historical fact is a forward looking
statement. Actual results may differ materially from those expressed or
implied by any forward looking statement. The Company does not undertake any
obligation to update or revise any forward looking statements. You should not
place undue reliance on any forward looking statement, which speaks only as of
the date of its issuance