INPP increases debt facility

FTSE 250-listed International Public Partnerships said it had increased the committed size of its existing corporate debt facility by £100m to £350m to support the company's investment pipeline.

In addition, the company will retain a flexible 'accordion' component which would, subject to lender approval, allow for a further increase in the committed size of the facility to £400m. The maturity date of the CDF has also been amended from March 2024 to June 2025.