19 December 2024

GlobalData Plc

Financing Update

New £340m debt financing facilities

GlobalData Plc ('GlobalData' or the 'Group'), a leading data, analytics, and insights platform, today announces new Financing Facilities, providing further M&A firepower to enable execution against the Growth Transformation Plan.

The Group is pleased to announce that it has agreed total new debt financing facilities of £340million (the "Facilities"), which mature in December 2027 (with an option to extend further by a year). The Facilities comprise of a £176.6million facility for our Healthcare business as well as a separate £163.4million facility for the rest of the Group. The Healthcare facility is made up of a £61.8million Acquisition Credit Facility ("ACF") and a £114.8million Revolving Credit Facility ("RCF"), with the Group Facility comprising a £44.2million ACF and a £119.2million RCF. Each Facility also has an additional optional uncommitted Accordion Facility of £98.4m (Healthcare) and £96.6m (Group). The Facilities, in addition to cash on the balance sheet, give the Group significant firepower to enable the continued execution of its M&A strategy.

Mike Danson, CEO of GlobalData PLC, commented: "A significant pillar of our Growth Transformation Plan is our commitment to strategic M&A, utilising our One Platform and capabilities to enhance value for our customers and shareholders. I am pleased that we have secured financing facilities that give us the ability to execute against our M&A strategy and I would like to thank our new supportive lending group that have demonstrated confidence in our business model and plan."

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