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Ibstock PLC on Thursday said it has refinanced its £125 million revolving credit facility with improved pricing. The Leicestershire, England-based building products supplier said the facility was due to mature in November 2026. The renewed facility is for an initial four-year term, with an extension option of one further year. Ibstock said the facility is provided by a syndicate of four of its existing lenders. It added that the loan is at improved pricing compared to the existing facility, and incorporates an accordion feature which allows Ibstock to increase the loan by up to £50 million. Shares in Ibstock were up 0.1% at 134.28 pence on Thursday afternoon in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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