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 since the year-end at a reduced cost. The maturity date is now May 2021, and the facility has two one-year extension options.

In April 2017, the Company increased the size of the Facility from £300 million to £500 million on a temporary basis to March 2018. This increase was cancelled in February 2018 following receipt of the proceeds on the divestment of AWG.

The details of the Facility are as follows:

Borrower: 3i Infrastructure plc

Committed: £300 million

Amount drawn at latest reporting date: nil

Maturity: May 2021

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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