HB RTS successfully refinances debt facilities

Utrecht, May 7, 2025 – HB RTS, the leading provider of mission-critical reusable transport solutions, today announced the successful refinancing of its existing debt facilities through a new infrastructure financing package provided by AustralianSuper and Rabobank.

Following extensive market research, the new financing package was concluded on competitive terms. The total facility amounts to EUR 145 million, with a bullet maturity of five years, and consists of a term loan, a capex facility, and a revolving credit facility. In addition, a non-committal accordion facility of EUR 50 million has been set up to support HB RTS's ambitious growth plans.

This significant refinancing follows the acquisition of TPS Rental Systems by HB RTS in December 2024. It strengthens the company's foundation for further expansion within the reusable transport solutions sector, both in the Netherlands and the rest of Europe. The new financing will be used to further expand HB RTS's offering within the food chain and other core sectors, thereby supporting the broader transition in the sector away from single-use packaging towards more sustainable solutions.

HB RTS was advised on this transaction by Rothschild & Co and Allen & Overy Shearman. Freshfields acted as legal advisor to the lenders.

This refinancing provides us with a solid financial foundation to support our next phase of growth. It reflects the confidence our partners have in our strategy and enables us to continue investing in sustainable, future-proof solutions for our customers across Europe.

Bas Thuijs
CFO of HB RTS

This transaction demonstrates AustralianSuper's willingness and ability to provide competitive, tailored financing solutions to companies with attractive infrastructure characteristics. We look forward to supporting the company and its future growth plans.

Nick WardHead of Private Credit at AustralianSuper

Rabobank is proud to support HB RTS in raising EUR 145 million in new financing to refinance its existing debt package. This refinancing reflects our commitment to enabling innovative, sustainable solutions that make a real impact within the reusable packaging chain. We are excited to contribute to HB RTS's growth ambitions and would like to thank and congratulate all parties involved.

Ruud Stegeman
Executive Director Wholesale Client Coverage at Rabobank