Brief: Elior Announces Offering Of EUR 500 Mln Senior Notes Due 2030

Elior SA

20/01/2025 07:45

Jan 20 (Reuters) - Elior Group SA  ELIOR.PA :
    * ANNOUNCES OFFERING OF €500 MILLION SENIOR NOTES DUE 2030
AND
OFFER TO PURCHASE FOR CASH ANY AND ALL OF ITS OUTSTANDING SENIOR
NOTES DUE 2026
    * TO ALSO ENTER REVOLVING CREDIT FACILITY DEAL FOR EUR 430
MILLION
AT COMPLETION OF NEW NOTES OFFERING, CANCEL EXISTING SENIOR
FACILITIES DEAL
    * TO USE THE GROSS PROCEEDS FROM THE NEW NOTES OFFERING
TOGETHER
WITH CASH TO REPURCHASE THE EXISTING NOTES IN THE TENDER OFFER,
REPAY THE DRAWING UNDER ITS EXISTING REVOLVING CREDIT FACILITY
AND PAY CERTAINS FEES IN RELATION WITH THE TRANSACTION

Source text:  urn:newsml:reuters.com:*:nNDL6Gz8y0
Further company coverage:  ELIOR.PA 

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