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Lavendon Group Gets 150 Million-Pound Credit to Refinance Debt

Lavendon Group Plc (LVD), a U.K. aerial platform equipment provider, said it got a 150 million-pound ($239 million) credit line.

The facility includes a 100 million-pound revolving credit due July 2016, and a 60 million-euro ($81 million) privately placed facility due July 2019, according to a statement from the Lutterworth, England-based company.

Lavendon is the largest powered platform rental provider in Europe, according to the company’s website. Its fleet includes scissor and boom lifts.

To contact the reporter on this story: Louise Meeson in London on lmeeson@bloomberg.net.

To contact the editor responsible for this story: Faris Khan at Fkhan33@bloomberg.net.

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