Slaughter and May advised FirstGroup plc on the amendment and extension of its existing multi-currency revolving credit facility, totalling £300 million and entry into a £150 million term loan

Slaughter and May advised FirstGroup plc (FirstGroup) on the amendment and extension of its existing multi-currency revolving credit facility, totalling £300 million, with a syndicate of banks.
 
The facility was extended by four years, to 30 January 2030, with two one-year extension options. The amendments also included improved pricing and the introduction of an £100m accordion feature.
 
Slaughter and May also advised FirstGroup on its entry into a two-year £150 million term loan. 
 
FirstGroup is a leading transport operator in the UK and Ireland.