The new syndicated revolving credit facility has been put in place to refinance an existing £550 million facility and for general corporate purposes of the Group. The new facility is for a tenor of five years, with two one-year extension options. The syndicate of lenders comprises a group of Halma’s core relationship banks.
Halma plc is a British global group of safety equipment companies that makes products for hazard detection and life protection based in Amersham, England.
The Ashurst team for the revolving credit facility was led by London global loans partner Nicholas Moore (Picture), supported by associate Kirsty Huen. New York global loans partner Mike Neary, supported by counsel Matt Haist assisted with the US law aspects. London pensions counsel John Gordon assisted with pensions aspects.
Law Firms: Ashurst;
Clients: Halma plc;