ICG Concludes An Additional €80 Million Financing Facility With The European Investment Bank

Irish Continental Group PLC has concluded an additional financing facility with the European Investment Bank. It comprises a committed €80 million drawing limit and is available for drawing during July 2018.  Repayments are on an amortising basis over a 12-year term.

The facility will be used to finance the construction of the second new vessel for Irish Ferries.