Mike Danson, Chief Executive Officer of GlobalData, 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.”
Graham Lilley, GlobalData’s CFO, added: “We are thrilled about the successful outcome of our refinancing and upsizing, which allows us to continue developing innovative products and solutions that can be catalysts for positive change. Many thanks to the NatWest team, who not only ensured we met all our financing objectives but also ensured we executed this deal within a very tight timescale thanks to a very well-run process.”
Richard Bradbury, Structured Finance at NatWest, said: “We are delighted to have been able to support GlobalData in arranging this new financing package, which has delivered attractively priced financing certainty in a volatile market – attracting a wide group of new lenders is testament to the GlobalData story and strength of management. This transaction is also an example of multiple specialist teams within NatWest working closely together to deliver market knowledge to deliver the best outcome for our customer.”
Paul Bocking, Relationship Manager at NatWest, added: “We have a longstanding relationship with GlobalData, dating back over 12 years. We are excited to see their continued growth and are delighted to be able to support the company with a top tier commitment.”
Finance is subject to status. Security may be required. Product fees may apply.