Brief: D'Ieteren: PHE Has Successfully Refinanced Its Outstanding Bonds

D'Ieteren SA

23/01/2024 17:08

Jan 23 (Reuters) - D'Ieteren Group NV  IETB.BR :
    * UNIT PHE HAS SUCCESSFULLY REFINANCED ITS OUTSTANDING BONDS
WITH
ISSUANCE OF A EUR 960M TERM LOAN B
    * ISSUANCE OF A EUR 960M NEW TERM LOAN B WITH A 7-YEAR
MATURITY
(JANUARY 2031)
    * NEW EUR LOAN OF EUR 960M HAS BEEN SUCCESSFULLY ALLOCATED
AND
TRANSACTION IS EXPECTED TO CLOSE ON 6 FEBRUARY 2024
    * NEW BONDS KEY TERMS: INTEREST RATE OF EURIBOR + 375BPS AND
ISSUE
PRICE OF 100%

Further company coverage:  IETB.BR 

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