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Partners Group Private Equity Ltd - investment company managed by Partners Group AG that backs private equity direct investments - Completes early renewal of revolving credit facility that had been due to expire in exactly a year’s time. The new facility is provided by Lloyds Bank Corporate Markets PLC, part of Lloyds Banking Group PLC, and ING Bank NV, part of ING Group NV, and has a four-year term to November 2029. The size of the facility has been increased to €150 million from €140 million to allow for greater working capital headroom, Partners Group PE says, and the financial terms have been improved. The commitment fee on the facility is 80 basis points per annum, down from 100 points, and the margin on drawn amounts is 270 basis points, down from 295 to 325 points. Current stock price: €10.70, down 0.9% in London on Thursday 12-month change: up 1.4% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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