Brief: Ceconomy Secures New Sustainable Credit Line Of EUR 900 Mln
01/04/2025 07:06
April 1 (Reuters) - CECONOMY AG CECG.DE: SECURES NEW SUSTAINABLE CREDIT LINE OF €900 M NEW SYNDICATED LOAN REPLACES THE EXISTING CREDIT LINES EARLY ON, WHICH SOLELY SERVED AS A LIQUIDITY RESERVE AND WERE NOT DRAWN AT ANY POINT IN TIME NEW CREDIT LINE WILL CONTINUE TO SERVE AS PURE BACK-UP AND HAS A TERM OF THREE YEARS WITH TWO ONE-YEAR EXTENSION OPTIONS Further company coverage: CECG.DE (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))