Premier Modular secures £360m refinancing to support growth plans

Premier Modular has secured a £360m refinancing package as it looks to accelerate investment in its fleet, expand into Western Europe and capitalise on growing demand for modular buildings across key infrastructure sectors.

The Driffield-based modular building specialist, which is backed by Cabot Square Capital and MML Capital Partners through its Keystone infrastructure fund, said the refinancing comprises a term loan, capex facility and revolving credit facility.

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