Syndicate secures NTR debt facility

TOLL roads to windfarm group NTR has completed a five-year €255 million syndicated corporate debt facility.

NTR said the syndicate comprised of Irish and international banks, including Bank of Ireland, AIB, Ulster Bank, Bank of Scotland Ireland, IIB Bank, Barclays Bank and Rabobank.

NTR finance director Michael Walsh said refinancing of its corporate debt facility provides the company with the financial capacity and flexibility to underpin its investment programme.