As at 31 March 2016, the Group had the following core debt facilities outstanding:
The Group’s core bank facility is a syndicated unsecured committed revolving credit facility of £425 million. This facility matures in March 2018 and is available for general corporate purposes, including the financing of acquisitions. It includes a $200 million swingline (of which $75 million is available later in the day) for the financing of the Group's general corporate and working capital needs, including satisfying margin calls.
The facility agreement contains the following financial covenants:
A measurement period is defined as a period of twelve months ending on the last day of the financial half year and full financial year, and the covenants are tested on the end date of a measurement period. The only obligor under the facility is ICAP Group Holdings plc.
 Formerly ICAP Group Holdings Limited
NEX Group plc offers customers better ways to execute trades and manage risk. Our products and services underpin the entire trade lifecycle, pre, during and post execution. Our electronic trading platforms are industry standards. Customers use our lifecycle management and information services to optimise portfolios, control risk and reduce costs. We partner with emerging technology companies to bring greater efficiency.
© 2017 NEX Group plc
NEX Group plc, 2 Broadgate, London EC2M 7UR, UK.
T: + 44 (0)20 7818 9000