National Toll Roads (NTR) has raised a €162.5 million five-year structured financing agreement, with Bank of Ireland Corporate Banking as the lead banker.
The deal provides NTR with significant funding capacity to support the company’s growth plans in the toll operations, toll-road development, integrated waste management, and renewable energy and water/wastewater sectors.
"This is a very significant milestone for NTR, as it is the largest-ever funding agreement entered into by the Group," said chief executive Mr Jim Barry.
The funding was arranged by Bank of Ireland Corporate Banking in conjunction with Ulster Bank Limited, IIB Bank, Bank of Scotland (Ireland) and AIB Corporate Banking.