Harworth Group (LSE:HWG), the regeneration, strategic land and development business, has added Barclays to the syndicate on its £275 million revolving credit facility that was refinanced in November 2025.
The inclusion of Barclays leaves the facility economics unchanged, with a core margin of 200 basis points over SONIA and an initial four-year term that may be extended to five years at Harworth's request, subject to bank consent, and joins Barclays to NatWest, Santander and HSBC on the line-up.
"Their addition reflects confidence in our strategy and enhances our flexibility to accelerate new site development," said Kitty Patmore, Chief Financial Officer.
The RCF contains an uncommitted accordion option which, if exercised, would increase the facility to £325 million.