20 February 2014
Smiths Group plc today announces it has completed the refinancing of its existing US$800m bank facility which was due to mature in December 2015.
The new US$800m committed revolving credit facility, arranged by the Group’s ten global relationship banks, matures in February 2019 with two one-year extension options. It is currently undrawn.
Peter Turner, Finance Director, said: "This core bank facility, now extended to 2019, will continue to provide Smiths Group with a solid financial platform to underpin the delivery of its strategic goals. Its successful completion reflects the close relationship we enjoy with our banking partners”.
General media enquiries
Contact our global media and communications team at:
Please note – the press team can only answer enquiries from accredited members of the press.
Related articles
Completion of DRC Heat Transfer acquisition
Read the latest news as Smiths completes the purchase of DRC Heat Transfer
Find out more
Completion of Smiths Interconnect sale
Read the latest company news as Smiths completes the sale of its Interconnect business.
Find out more
Smiths supports historic Artemis II space mission
Read our latest press release as Smiths proudly supports NASA’s Artemis II space mission taking four astronauts around the Moon
Find out more
