Software company GB Group (GBG) has successfully refinanced a new £175m revolving credit facility (RCF).

The facility has been structured on an unsecured basis and will mature in September 2030, replacing the group’s existing secured facility due to mature in July 2027.

GBG stated that the facility has been arranged with a syndicate comprising existing and new lending partners, including HSBC Innovation Bank, NatWest, Barclays and Fifth Third Bank, reflecting their confidence in the Company and its strategy to accelerate growth.

The company also revealed that its latest RCF contains two optional one-year maturity extension options.

Chief financial officer of GBG, David Ward, commented: “I am pleased that we have successfully refinanced our RCF at similar commercial terms to our existing facility but for a longer tenor.

“This secures our capital structure for an extended period while providing enhanced flexibility to support the continued execution of our strategic objectives.”

GBG confirmed that it expects to release its annual trading statement for the year to 31 March 2026 on 22 April.

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