Wood announced it has signed a new $1.2 billion, five-year committed sustainable Revolving Credit Facility ("RCF") with a group of 16 relationship banks. This extends the maturity profile of Wood's debt facilities by replacing the existing $1.75 billion RCF that was due to step down to $1.5 billion in May 2022 and remain at that level until maturity in May 2023. The financial covenants and lending margin on the new facility are the same as the existing RCF. The new facility also includes KPIs linked to growing export revenue related to energy transition and sustainable infrastructure and reductions in scope 1 and 2 carbon emissions. Wood has now completed its planned debt refinancing exercise - as a result, its principal facilities now comprise: 600m Transition Export Development Guarantee facility maturing in July 2026. 1.2 billion RCF maturing in October 2026. c880 million of US private placement loan notes maturing at various dates between 2021-2031 (of which only c300 million is due before 2026).