Travelex Issuerco 2 Plc: Refinancing of current senior facilities agreement

Travelex Issuerco 2 Plc

Refinancing of existing senior facilities agreement

Travelex Issuerco 2 Plc

11 September 2023

Travelex Issuerco 2 Plc ("Travelex" or the "Company")

11 September 2023

Travelex announces refinancing of existing senior facilities agreement

Travelex is pleased to announce a proposed refinancing of its existing senior facilities agreement (the "Existing SFA") (the "Refinancing") and that it will shortly be launching the relevant consent solicitation processes to seek the relevant consents required in connection with the Refinancing.

The Refinancing will involve Travelex entering into a new senior facility agreement (the "New SFA"). The New SFA will raise £90 million, which is to be used for purposes including the repayment and cancellation in full of all amounts outstanding under the Existing SFA and for general corporate purposes. Certain funds raised under the New SFA may also be utilised for a buyback of the new money notes issued by the Company and the ordinary shares of Travelex International Limited which are stapled to such new money notes.

Enquiries:

Travelex

For investor related queries:

Victoria.Benis-Lonsdale@travelex.com

For other enquiries:

Press@travelex.com

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