Brief: Logista Modifies Terms Of Its Credit Facility With Imperial Brands

Logista Integral SA

22/02/2024 17:08

Feb 22 (Reuters) - Compania de Distribucion Integral
Logista Holdings SA  LOG.MC :
    * MODIFIES TERMS OF ITS CREDIT FACILITY WITH IMPERIAL BRANDS
BY
STRUCTURING IT IN TWO TRANCHES: ONE FIXED AND ONE VARIABLE
    * NEW CONDITIONS WILL ENTER INTO FORCE IN JUNE 2024
    * NEW AGREEMENT INCLUDES FIRST TRANCHE OF 1 BILLION EUROS AT
FIXED
MARKET RATE OF 2.865% PLUS MARGINAL RATE OF 0.75%
    * SECOND TRANCHE OF UP TO 3 BILLION EUROS, WILL BE HELD AT
FLOATING RATE OF 6-MONTH EURIBOR PLUS SPREAD OF 0.75%

Source text for Eikon:  ID:nCNM3Fk6nk 
Further company coverage:  LOG.MC 

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