16 May 2018

Spotless completes A$900 million refinancing

Spotless Group Holdings Limited (Spotless) announced today it had successfully completed the refinancing of a A$900 million syndicated debt facility. The facility is a committed revolving facility with A$420 million maturing in three years and A$480 million maturing in four years.

This refinancing was completed together with Downer EDI Limited's (Downer) refinancing of a A$400 million syndicated debt facility. Downer owns 87.8% of Spotless.

Syndication of both debt facilities was launched in March 2018 and received strong support from a range of domestic and international financiers, comprising existing and new lenders, with both facilities significantly oversubscribed.

The refinancing will increase the maturity of Spotless' debt from 1.7 years to 3.3 years.

The facilities were jointly arranged by Australia and New Zealand Banking Group Limited, BNP Paribas, Commonwealth Bank of Australia, Hongkong and Shanghai Banking Corporation Limited, Mizuho Bank Ltd and MUFG Bank, Ltd.

Enquiries

Investors

Michael Sharp

+61 439 470 145

Media

Leanne Gough

+61 409 869 154

Spotless Group Holdings Limited ABN 27 154 229 562

549 St Kilda Rd, Melbourne VIC 3004 Australiawww.spotless.com

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Spotless Group Holdings Limited published this content on 16 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 May 2018 23:17:01 UTC