Brief: Greenyard Signs Lease-And-Lease-Back Of Its Facility Of Greenyard Prepared Division

Greenyard NV

19/05/2022 06:48

May 19 (Reuters) - Greenyard NV  GREENY.BR :
    * SIGNS A REAL ESTATE TRANSACTION, WITH A VIEW TO A
LONG-TERM
REFINANCING AND ROOM FOR GROWTH
    * AGREEMENT WITH REAL ESTATE INVESTOR ON
LEASE-AND-LEASE-BACK OF
ITS FACILITY OF GREENYARD PREPARED DIVISION IN BREE, BELGIUM
    * TRANSACTION GENERATES AROUND € 90M PROCEEDS, NET OF TAX,
IN A
GOOD MOMENTUM IN THE MARKET AND HAS NO EFFECT ON THE OPERATIONS
OR FUNCTIONING OF THE PREPARED DIVISION
    * NET PROCEEDS WILL BE FULLY USED TO VOLUNTARILY REPAY BANK
DEBT
    * GREENYARD RECONFIRMS ITS FULL YEAR GUIDANCE

Source text: https://bit.ly/3FYA4ye
Further company coverage:  GREENY.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))