Balfour Beatty signs £850m credit facility

Balfour Beatty, the FTSE 250 infrastructure firm, has signed a five-year £850m syndicated revolving credit facility, refinancing a number of bi-lateral agreements which were due to expire in the next 12-15 months.

Balfour Beatty, the FTSE 250 infrastructure firm, has signed a five-year £850m syndicated revolving credit facility, refinancing a number of bi-lateral agreements which were due to expire in the next 12-15 months.

"[The facility] ensures Balfour Beatty has secured access to committed funding for the next five years and will be used for general corporate purposes," the statement said.

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