Arcus Infrastructure Partners has completed a strategic refinancing for the debt facilities of Workdry International, a global provider of engineered solutions for the handling and treatment of mission-critical water and wastewater asset rental solutions.
The refinancing package totals £660 million ($887 million), comprising £470 million ($632 million) drawn at close and £190 million more committed in revolving credit/capex facilities ($255 million).
This new financing structure will strengthen Workdry’s ability to meet rising customer demand through significant further investment in its fleet, facilitating innovation in engineering and digital solutions, and supporting continued international expansion and growth of its water handling and treatment portfolio.
Workdry said this milestone reflects the position it has built throughout several decades as a provider of essential water infrastructure solutions to water and wastewater utilities, as well as divers
