Brief: FACC Secures Long-Term Financing Commitments

FACC AG

21/12/2020 08:45

Dec 21 (Reuters) - FACC AG  FACC.VI :
    * FACC SUCCESSFULLY SECURES LONG-TERM FINANCING COMMITMENTS
WITH
CORE BANKS
    * TOTAL VOLUME EUR 285 MILLION DISTRIBUTED OVER SEVEN BANKS,
MATURITY ON AUGUST 29TH, 2023
    * REQUIRED AN ADJUSTMENT OF CONTRACTUAL CONDITIONS OF
EXISTING
SYNDICATED LOAN
    * ON DECEMBER 31ST, 2022 FACC WILL RETURN TO ORIGINALLY
AGREED
COVENANT OF NET FINANCIAL DEBT / EBITDA LESS OR EQUAL TO 4.0

Source text for Eikon:  ID:nAPA9HdND6 
Further company coverage:  FACC.VI 

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