GlobalData PLC GBP410million Debt Financing Facility (4760V)

TIDMDATA

RNS Number : 4760V

GlobalData PLC

10 August 2022

GlobalData Plc

(AIM: DATA, GlobalData, the Group)

GBP410million Debt Financing Facility

GlobalData Plc, the leading provider of industry intelligence, is pleased to announce that it has agreed a new three year GBP410million debt financing facility (the "Debt Facility") which matures on 5 August 2025, with an option to extend further by a year. The Debt Facility comprises a GBP290million term loan, to be used in part to repay existing indebtedness of GBP230million, as well as a Revolving Credit Facility ("RCF") of GBP120million. The RCF is currently undrawn, but will be used to support long-term growth of the business, including M&A.

Mike Danson, Chief Executive Officer of GlobalData Plc, commented:

"The new Debt Facility gives the Group additional firepower to execute against its stated M&A growth strategy over the medium term. Our Platform offers a significant opportunity to create shareholder value through strategic acquisitions and it is pleasing to have secured the financing to support this.

We thank our existing lenders, who have all extended their support through participation in this issuance, plus our new lenders in a wider and marquee lender book."

ENQUIRIES

 
 GlobalData Plc 
 Mike Danson, Chief Executive Officer      0207 936 6400 
 Graham Lilley, Chief Financial Officer 
 
 J.P. Morgan Cazenove (Nomad and 
  Joint Broker)                            0207 742 4000 
 Bill Hutchings 
 Mose Adigun 
 
 Panmure Gordon (Joint Broker)             0207 886 2500 
 Erik Anderson 
 Alina Vaskina 
 
 Numis Securities (Joint Broker) 
  Nick Westlake 
  Iqra Amin                                0207 260 1000 
 FTI Consulting (Financial PR)             0203 727 1000 
 Edward Bridges 
 Rob Mindell 
 Dwight Burden

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