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
Smiths Detection sets new standard with future-proof hold baggage and air cargo screening solution
Read our latest company news as Smiths Detection launches new hold baggage and air cargo screening solution.
Find out more
Annual Results for the year ended 31 July 2025
Find out more
Smiths Detection selected as security technology provider to International Airport Heraklion Crete
Read our latest company news as Smiths Detection announces selection to supply a suite of leading security screening solutions to International Airport Heraklion Crete
Find out more
