Funding & debt facility

The Company has a £300 million revolving credit facility (“RCF”), in order to maintain a good level of liquidity for further investment whilst minimising returns dilution from holding excessive cash balances.

This is a three-year facility, and the maturity date was extended in April 2016 by one year to May 2019 and further extended in April 2017 to May 2020.

The Company has the right to increase the size of the Facility by up to a further £200 million, provided that existing lenders have a right of first refusal. In April 2017, the Company increased the size of the Facility by a further £200 million on a temporary basis to March 2018.

The details of the Facility are as follows:

Borrower: 3i Infrastructure plc

Committed: £500 million to 31 March 2018, then £300 million

Amount drawn at latest reporting date: £121 million

Maturity: May 2020

Type: Multi-currency (£, €, US$) revolving credit facility secured by a fixed and floating charge over
the directly held assets of the Company.

Arranged by:
Lloyds Bank Plc
The Royal Bank of Scotland Plc
National Australia Bank Limited
RBC Europe Limited
HSBC Bank plc
Skandinaviska Enskilda Banken AB

Facility Agent: Lloyds Bank Plc

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