Gridserve secures over £500m financing to accelerate EV charging rollout
Major £526m boots comprises various loans designed to support the firm's continued nationwide rollout of ultra-fast EV charging stations
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Major £526m boots comprises various loans designed to support the firm's continued nationwide rollout of ultra-fast EV charging stations
Funding will help it install more than 500 new charging hubs, offering EV drivers access to a further 3,000-plus high-power charge points.
Move against ship linked to demise of Genting Hong Kong.
Traxys, a Luxembourg-based metals and natural resources trader, has refinanced and extended its revolving credit facility (RCF) in an oversubscribed deal that saw the entry of new banks into the syndication. The deal, a US$1.33bn multicurrency syndicated RCF, was signed last week, and replaces a US$1.29bn RCF that closed last year. The facility is structured in four tranches: a one-year committed borrowing base tranche, a three-year committed borrowing base tranche, a one-year uncommitted borrowing base tranche, and a one-year committed unsecured tranche. Each tranche includes a one-year exte...