t
On 27 October 2025, Renew Holdings plc announced the refinancing of its Revolving Credit Facility (RCF). The company secured a new £140m RCF, replacing a previous £120m facility, for a committed 4-year term expiring in October 2029. This new facility was agreed with National Westminster Bank Plc, HSBC UK Bank plc, and Barclays Bank Plc.
| Date | 27 Oct 2025 |
| Time | 07:00:03 |
| Category | Miscellaneous |
| ID | 8064E |
27 October 2025
Renew Holdings plc
("Renew" or the "Group" or the "Company")
Revolving Credit Facility Refinancing
Renew (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, is pleased to announce the refinancing of its existing Revolving Credit Facility ("RCF") with a new facility providing improved terms and an extended maturity.
The new £140m RCF replaces the previous £120m facility and has been made available to the Company for a committed 4 year term expiring in October 2029. The new facility was agreed with National Westminster Bank Plc, HSBC UK Bank plc and Barclays Bank Plc.
The refinancing reflects the continued confidence of the Group's banking partners in Renew's resilient business model, strong cash generation and long-term growth prospects.
As previously announced, preliminary results for the year ended 30 September 2025 will be announced on Tuesday 25 November 2025.
Sean Wyndham-Quin, Chief Financial Officer of Renew, commented:
"I am pleased to have successfully refinanced and increased our RCF through to October 2029, providing the Group with significant firepower to continue to deliver both its organic and inorganic growth strategy."
ENDS
For further information, please contact:
|
Renew Holdings plc |
www.renewholdings.com |
|
Paul Scott, Chief Executive Officer |
via FTI Consulting |
|
Sean Wyndham-Quin, Chief Financial Officer |
020 3727 1000 |
|
|
|
|
|
|
|
Deutsche Numis (Nominated Adviser and Joint Broker) |
020 7260 1000 |
|
Stuart Skinner / Kevin Cruickshank / Will Wickham |
|
|
|
|
|
|
|
|
Peel Hunt LLP (Joint Broker) |
020 7418 8900 |
|
Ed Allsopp / Charlotte Sutcliffe |
|
|
|
|
|
|
|
|
FTI Consulting (Financial PR) |
020 3727 1000 |
|
Alex Beagley / Tom Hufton / Amy Goldup / Matthew Young |
About Renew Holdings plc
Renew is a leading UK Engineering Services business, performing a critical role in keeping the nation's infrastructure functioning efficiently and safely. The Group operates through independently branded subsidiaries across its chosen markets, delivering non-discretionary maintenance and renewal tasks through its highly skilled, directly employed workforce.
Renew's activities are focused on Engineering Services in the key markets of Rail, Infrastructure, Energy (including Wind and Nuclear) and Environmental which are largely governed by regulation and benefit from non-discretionary spend with long-term visibility of committed funding.
For more information please visit the Renew Holdings plc website: www.renewholdings.com