Regulated airport bank facilities
|Amounts outstanding and repayment profile of facilities|
Senior debt (£m)
Junior debt (£m)
|Revolving credit facilities (1)||80.0||0.0||80.0||2015/ 2017/ 2018|
|Working capital facility (1)||0.0||0.0||0.0||2017|
|EIB loans (2)||215.4||0.0||215.4||Various to 2022|
|Margins on facilities|
|Class A / Senior debt||Class B / Junior debt|
|Revolving credit facilities||Up to 1.50%||Up to 2.25%|
|Working capital facility||1.50%||n/a|
|Bank loan with Heathrow Finance plc|
|Term loan facility||£85.0m||22 May 2016||4.25%|
|Term loan facility||£77.5m||29 Dec 2019||n/a|
(1) As at 31 December 2013, the revolving credit facilities and working capital facility comprised £1.675 billion Class A general purposes facilities, £400 million Class B general purposes facility and £100 million Class A working capital facility. As at 24 February 2014, the revolving credit facilities and working capital facility comprised £1.525 billion Class A general purposes facilities, £450 million Class B general purposes facilities and £100 million Class A working capital facility.
(2) Amount outstanding as at 31 December 2013.
Access to this website and the material and the information on this website may be restricted by law in jurisdictions other than the United Kingdom and therefore persons in a jurisdiction other than the United Kingdom should inform themselves about and observe any such restrictions. This website and the material and information on this website are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction where such availability or use would be contrary to applicable law or regulation or which would subject Heathrow Airport Holdings Limited and/or any of its subsidiaries or affiliates to any registration or licensing requirement within such jurisdiction.