| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Parana > News item |
HICL draws £25 million under revolver to buy further interest in RMG
By Devika Patel
Knoxville, Tenn., Dec. 23 – HICL Infrastructure plc will use about £25 million of funds drawn under its revolving credit facility to acquire a further 25% interest in the Road Management Group from KBR Inc.
The acquisition is expected to conclude in the first quarter of 2022.
Following this acquisition, HICL will hold a 58.3% interest in the group.
HICL is a London-based infrastructure investment company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.