Experian, a global information services company, has announced the signing of a new five-year committed revolving credit facility totaling $1,800 million. This new facility extends the maturity of their committed funding and refinances an existing facility totaling $1,950 million, which was due to mature in 2025 and has now been cancelled. The new facility has been provided by a group of twelve leading international banks, with BNP Paribas acting as coordinator, documentation agent, and bookrunning mandated lead arranger on this refinancing transaction.
The key covenants of the new facility remain unchanged from the facility it replaces. Remco de Vries, Group Treasurer at Experian, can be contacted for further information. Experian is the world's leading global information services company, empowering consumers and clients to manage their data with confidence during significant life events. The company operates in 32 countries with 22,400 employees and is listed on the London Stock Exchange as a constituent of the FTSE 100 Index.
Experian's services range from helping individuals take financial control and access financial services to assisting businesses in making smarter decisions and thriving. The company also supports lenders in lending more responsibly and helps organizations prevent identity fraud and crime. Experian continues to invest in new technologies, talented people, and innovation to help clients maximize every opportunity. For more information, visit www.experianplc.com or the global content hub at their global news blog for the latest news and insights from the Group.