Bank of Ireland supports Peel Ports Limited with its senior debt facilities
Bank of Ireland’s Industrials team has supported Peel Ports Limited (“Peel Ports” or “the Group”) with a £25m five year term loan.
Peel Ports is the UK’s second largest port group, offering a unique innovative network that connects the UK and Ireland to Europe and the rest of the world. The Group provides an essential service to the UK economy, operating from 10 locations in the UK and Ireland, including the recently developed Liverpool2 site. Peel Ports handles a variety of cargoes and serves a broad spread of customers.
Commenting on the transaction, Colette Shirley, Associate Director at Bank of Ireland said: “We are delighted to support Peel Ports as it continues to strengthen its infrastructure assets and look forward to further developing the relationship.”
Peel Ports Group Treasurer, Adrian Breakspear, commented: “We welcome Bank of Ireland’s ongoing support in our financing structure, as we continue to invest in UK ports and infrastructure.”