Source - Alliance News

Travis Perkins PLC - Northampton, England-based FTSE 250 builders’ merchant - Completes near-term refinancing programme with renewal of £375 million revolving credit facility. Says RCF is for five-year term with two one-year extension options and an accordion feature, and was provided by a syndicate of eight banks. Company’s committed debt facilities now total £800 million, the RCF being the largest. Its other facilities are a £250 million bond, a £75 million term loan and US private placement notes totalling £100 million.

Current stock price: 796.00 pence, up 1.6% in London on Wednesday

12-month change: down 18%

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