27 July 2022
Trainline plc enters new £325 million Revolving Credit Facility
Trainline plc ('The Company') has entered a new Revolving Credit Facility ('the RCF'). The RCF is a £325 million multi-currency facility with an initial maturity date of November 2025, plus the option to extend for a further two, one-year periods to November 2027.
The new facility replaces the Group's existing £350 million RCF due to mature in June 2024.
Shaun McCabe, CFO of Trainline said:
"Our lender Group have shown continued support to the business throughout Covid and the positive outcome of this refinancing demonstrates their ongoing support as we return to growth."
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Trainline (www.trainline.com) is Europe's leading independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its highly rated website and mobile app. Trainline is a one-stop shop for rail and coach travel bringing together millions of routes, fares and journey times from rail and coach carriers across Europe.