Irish Water secures €100m

Irish Water has secured a €100m loan facility from Ulster Bank in what is expected to be the first of a series of similar deals.

Fri, 13 Feb, 2015 - 00:00
Peter O’Dwyer

The arrangement is an unsecured facility available for up to two years.

Irish Water also plans to refinance the loan into a longer-term revolving credit facility before the end of the year, along with other bilateral loan agreements expected to be agreed in the coming weeks.

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