ICG Enterprise Trust Icg Enterprise Trust Plc: Revolving Credit Facility Update

 
TIDMICGT 
 
 
   New EUR200m revolving credit facility 
 
   ICG Enterprise Trust ("ICGT") is pleased to announce that it has entered 
into a new four year EUR200m Revolving Credit Facility ("RCF") with 
Credit Suisse, effective from 26 February 2021. This replaces the 
previous EUR176m facility. 
 
   The RCF will be used to finance short term fluctuations in working 
capital and draw downs on commitments. 
 
   Oliver Gardey, Head of Private Equity Fund Investments at ICG, 
commented: 
 
   "We are very pleased to have entered into this facility, which 
reinforces our strong balance sheet and liquidity profile. We have an 
attractive pipeline of investment opportunities and are well positioned 
to execute them. ICG Enterprise Trust benefited from a deep pool of ICG 
plc expertise during the negotiation of this facility, further 
demonstrating the advantages of being part of the platform." 
 
   Enquiries 
 
   Analyst / Investor enquiries:                                                                                              [phone] 
 
 
   Oliver Gardey, Head of Private Equity Fund Investments, ICG 
 
   Colm Walsh, Managing Director, ICG 
 
 
   James Caddy, Investor Relations, ICG 
 
 
   Media: 
 
   Fiona Laffan, Global Head of Corporate Affairs, ICG 
[phone] 
 
   Ed Gascoigne Pees, Eddie Livingstone-Learmonth, Camarco 
[phone] 
 
 
 
   Disclaimer 
 
   This report may contain forward looking statements. These statements 
have been made by the Directors in good faith based on the information 
available to them up to the time of their approval of this report and 
should be treated with caution due to the inherent uncertainties, 
including both economic and business risk factors, underlying such 
forward-looking information. These written materials are not an offer of 
securities for sale in the United States. Securities may not be offered 
or sold in the United States absent registration under the US Securities 
Act of 1933, as amended, or an exemption therefrom. The issuer has not 
and does not intend to register any securities under the US Securities 
Act of 1933, as amended, and does not intend to offer any securities to 
the public in the United States. No money, securities or other 
consideration from any person inside the United States is being 
solicited and, if sent in response to the information contained in these 
written materials, will not be accepted. 
 
 
 
 

(END) Dow Jones Newswires

March 01, 2021 03:51 ET (08:51 GMT)

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