Brief: IGD Signs Deal To Obtain Senior Unsecured Financing For EUR 200 Mln
06/09/2018 15:57
Sept 6 (Reuters) - Immobiliare Grande Distribuzione SIIQ SpA IGD.MI :
* SIGNS COMMITMENT AND UNDERWRITING LETTER WITH BNP PARIBAS ITALIAN BRANCH FOR FINANCING OF
EUR
200 MILLION
* FINANCING TO BE SENIOR UNSERCURED AND BE DUE IN 3 YEARS, WITH POSSIBILITY TO EXTEND
MATURITY TO
UP TO 5 YEARS
* FINANCING AIM IS REFINANCING OF BOND ISSUED FOR EUR 150.0 MILLION AND STILL OUTSTANDING
FOR EUR
124.9 MILLION DUE JAN 2019
* FINANCING ALSO AIMS TO REPAY SHORT-TERM CREDIT LINES AS WELL AS GENERAL CORPORATE PURPOSES
Source text for Eikon: ID:nBIAYkRh1
Further company coverage: IGD.MI
(Gdynia Newsroom)
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