CSG says new debt structure will save about €20 million per year

CSG NV

23/07/2026 12:55

    PRAGUE, July 23 (Reuters) - Defence firm Czechoslovak Group's CSG.AS refinancing of  senior debt with a new value of €3.06 billion announced earlier on Thursday will save the company about €20 million per year in financing costs, the company told Reuters.
CSG said earlier that the refinancing lowered interest by 125-150 basis point compared with previous loan arrangements and extended debt maturity. It said about €1.7 billion of the amount was drawn at closing of the transactions involving two bullet-repayment term loans and a revolving credit facility.   

 (Reporting by Jan Lopatka)
 ((jan.lopatka@thomsonreuters.com; +420 234 721 614; Reuters Messaging: jan.lopatka.thomsonreuters.com@reuters.net))