Brief: Bonduelle Announces Early Renewal Of Its Syndicated Loan

Bonduelle SA

30/11/2020 17:19

Nov 30 (Reuters) - BONDUELLE SA  BOND.PA :
    * ONCE AGAIN, BONDUELLE STRENGTHENS ITS FINANCIAL
FLEXIBILITY AND
ALIGNS THIS FINANCING TO SUSTAINABLE DEVELOPMENT OBJECTIVES
    * EARLY RENEWAL OF ITS SYNDICATED LOAN, INCREASING IT FROM
EUR 300
MILLION TO EUR 400 MILLION AND INDEXING MARGIN ON ENVIRONMENTAL,
SOCIAL AND GOVERNANCE CRITERIA (ESG)
    * EXTENDED AVERAGE MATURITY OF GROUP'S DEBT (MATURITY OF 5
YEARS
IN FINE)
    * SYNDICATED LOAN, WITH IMPACT, REFINANCES EXISTING RCF OF
EUR 300
MILLION THAT WAS DUE TO MATURE IN JULY 2021
    * OVER SUBSCRIPTION AND EXPANSION OF POOL OF LENDERS

Source text for Eikon:  ID:nGNE9R9r8D 
Further company coverage:  BOND.PA 

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