RBS International has successfully supported the renewal and transition to SONIA of International Public Partnerships’ (“INPP”) corporate debt facility.
The facility, with an overall capacity of £400 million, including a flexible accordion component, will provide INPP with three years of acquisition funding to support its robust investment pipeline.
Founded in 2006, INPP is a FTSE 250 infrastructure investment company focused on investing responsibly in public and social Infrastructure across the UK, Europe, Australia and North America. INPP and its Investment Adviser, Amber Infrastructure Group have worked with RBS International for over 10 years and this new agreement puts the partnership in a prime position to scale for growth following a period of resilience during the global pandemic.
Brad Mitchell, Relationship Director, RBS International commented “We have worked with INPP and Amber Infrastructure for over a decade, with a proactive relationship which has helped them navigate through Covid-19 and the transition from LIBOR to SONIA. INPP has an excellent track record and their commitment to sustainability perfectly aligns to our purpose of helping people, families and businesses to thrive. I’m delighted to continue our support to INPP and very pleased that INPP continues to view RBS International as a key strategic partner.”
Chris Morgan, Investment Director, Amber Infrastructure Limited commented “We are pleased to have renewed INPP’s corporate debt facility for a further three years, continuing our long-term relationship with RBS International, and we look forward to using the facility to meet our near-term investment pipeline”.