Green Hire Purchase Facility and further bond purchases
FIRSTGROUP PLC Green hire purchase facility and further bond purchases FirstGroup plc (the ‘Group’) is pleased to announce that it has signed a new, innovative £150m Green Hire Purchase Financing Facility with a syndicate of three banks to support the purchase of electric bus bodies (the chassis and drivetrain, excluding the battery) (the “Facility”). This follows the strategic Joint Venture with Hitachi to purchase up to 1,000 electric bus batteries announced by the Group in November 2023. The Facility provides the funding for electric bus bodies, net of any government co-funding