Brief: Chargeurs Places EUR 100 Mln In Fine Financing To Accelerate Expansion

Compagnie Chargeurs Invest SA

15/12/2020 06:39

Dec 15 (Reuters) - Chargeurs SA  CRIP.PA :
    * CHARGEURS SUCCESSFULLY PLACES EUR 100M IN IN FINE
FINANCING OVER
8 YEARS TO ACCELERATE EXPANSION
    * THESE ADDITIONAL RESOURCES WILL BE LEVERAGED TO DEPLOY
GROUP’S
INVESTMENT STRATEGY AND TO ROLL OUT LEAP FORWARD 2025 PROGRAM,
WHICH WILL BE UNVEILED IN FEBRUARY 2021 - CEO
    * THE LOAN HAS AN 8-YEAR MATURITY AND PAYS A COUPON OF 3.25%
    * THE TRANSACTION EXTENDS THE AVERAGE MATURITY OF THE
GROUP’S
DRAWN DEBT FROM 3.3 TO 4.5 YEARS
    * TRANSACTION WAS CLEARED AND SETTLED ON DECEMBER 14, 2020

Source text: https://bit.ly/387hBPt
Further company coverage:  CRIP.PA 

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