- Aviation services group BBA Aviation said it had refinanced a $650m unsecured multi-currency revolving credit facility that was due to mature in April 2019.

The new facility would expire in March 2023 and the overall weighted-average interest cost was in line with the existing facility, the company said.

'We are pleased to have secured the bank refinancing, which provides the group with long-term financing to support the execution of our growth strategy,' finance director David Crook said.

At 1:17pm: [LON:BBA] BBA Aviation PLC share price was -1.7p at 310.3p

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