Brief: French company EUROAPI completes financing for its strategic plan
10/10/2024 19:44
Oct 10 (Reuters) - Euroapi Sa EAPI.PA :
* EUR 451M REVOLVING CREDIT FACILITY REFINANCED WITH A
MATURITY
EXTENDED TO FEBRUARY 2029
* ISSUANCE OF A EUR 200M PERPETUAL DEEPLY SUBORDINATED
HYBRID BOND
SUBSCRIBED BY SANOFI
* EUR 54M PRODUCT CAPACITY RESERVATION FOR FIVE PRODUCTS AND
FURTHER AMENDMENTS TO GLOBAL MANUFACTURING AND SUPPLY AGREEMENT
(MSA) AGREED WITH SANOFI
* COMPLETION OF FINANCING IS AN INSTRUMENTAL STEP IN
EXECUTION OF
EUROAPI'S STRATEGIC ROADMAP
Source text for Eikon: ID:nGNE8kfjw9
Further company coverage: EAPI.PA
(Reporting by Sudip Kar-Gupta)
((sudip.kargupta@thomsonreuters.com;))