Ashurst has advised the lenders on a new 5-year multi-currency revolving credit facility for Ascential plc.
Ascential, a specialist information, data and analytics company, announced the RCF of £450 million with an accordion of up to a further £120 million or 150% of EBITDA. The maturity of the facility may be extended at the option of the Group for up to two further one-year terms subject to individual lender approval. Ashurst advised the lenders, coordinated by NatWest and BNP Paribas.
The team was led by partner Tim Rennie (Picture) assisted by senior associate Andrea Thomas and associate Edward Grant.
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