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11 Dec 2018 | 13:06

Experian refinances debt with new $1.95bn credit facility

Information services company Experian said it had signed a new credit facility worth $1.95bn.

The five-year revolving facility extended the maturity of committed funding by replacing facilities of $2.06bn that were due to mature in 2020 and 2021.

The new facility was provided by a group of 13 international banks, Experian said.

Key covenants were unchanged from the facilities that were being replaced.

At 1:06pm: (LON:EXPN) Experian PLC share price was +32p at 1879p

Story provided by StockMarketWire.com
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