Investors

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, which was refinanced in April 2018 at a reduced cost with two one-year extension options. The first one year extension option has been exercised, so the maturity date is now April 2022.

The £200 million accordion feature, which allows the Company to increase the size of the RCF on a temporary basis, was not used during the last financial year.

The details of the RCF are as follows:

Borrower: 3i Infrastructure plc

Committed: £300 million

Amount drawn at latest reporting date: £192 million

Maturity: April 2022

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

Margin: 1.65% over LIBOR

Arranged by:
Lloyds Bank plc
Natwest Markets plc
National Australia Bank Limited
Royal Bank of Canada
HSBC Bank plc
Skandinaviska Enskilda Banken AB (publ)

Facility Agent: Lloyds Bank plc

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