RNS Number : 5670D
Utilico Investments Limited
24 March 2011

For immediate release on 24 March 2011


Utilico Investments Limited


New loan facility



On 24 February 2011 Utilico Investments Limited ("Utilico" or the "Company") announced in its half yearly report that the Company was negotiating a new bank facility to commence at the end of March. The Board of Utilico is now pleased to announce that on 22 March 2011, the Company signed a new Senior Secured Multicurrency Revolving Facility Agreement with Scotiabank Europe PLC for up to £30m maturing on 22 March 2013. The rate of interest is a margin of 1.45% per annum above LIBOR and the loan is secured against Utilico's assets by way of two debentures.


The proceeds of the new facility will be used to refinance the £28.1m outstanding under the Company's existing loan facility provided by The Royal Bank of Scotland plc which matures on 31 March 2011.





Charles Jillings

Utilico Investments Limited

+44 1372 271 486


Alastair Moreton

Hannah Pearce

Westhouse Securities Limited

+44 207 601 6118



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