Brief: NSI concludes 285 mln euro refinancing

NSI NV

20/12/2016 06:02

Dec 20 (Reuters) - NSI NV  NSTEc.AS : 
    * Concludes 285 million euro ($296 million) refinancing, 
reducing its cost of debt 
    * Loans were increased by 15 million euros to 265 million 
euros at lower margins and extended for 1.5 years 
    * Simultaneously, a new 20 million euro unsecured credit 
facility with Rabobank was agreed which will be merged into 
existing syndicated loan facility 
    * These transactions will reduce cost of debt below 3.0 pct 
versus 3.4 pct at end of Q3 and increase average debt maturity 
to 4.2 years from 3.8 years 
 
Source text for Eikon:  ID:nNDLbjBQKc  
Further company coverage:  NSTEc.AS  
 
($1 = 0.9629 euros) 
 
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