Brief: Stern Groep: Conditional Refinancing Agreement Concerning Sale Of SternLease

PB Holding NV

29/03/2019 07:20

March 29 (Reuters) - STERN GROEP NV  ARTN.AS :
    * ANNOUNCED ON THURSDAY CONCLUSION OF REFINANCING AGREEMENT
IN
CASE SHAREHOLDERS APPROVE SALE OF STERNLEASE TO ALD AUTOMOTIVE
ON MAY 31, 2019
    * ABN AMRO, ING AND RABOBANK TO ACT AS REFINANCING BANKS
    * ARRANGEMENT CONCLUDED FOR A 3-YEAR PERIOD AND FOR AMOUNT
OF EUR
60 MLN 
    * ABN AMRO AND ING PARTICIPATE EACH FOR EUR 22 MILLION AND
RABOBANK FOR EUR 16 MILLION.
    * IF SHAREHOLDERS DO NOT APPROVE SALE OF STERNLEASE TO ALD
AUTOMOTIVE, CURRENT CREDIT FACILITIES WILL CONTINUE TO APPLY

    
 Source text: https://bit.ly/2TGt4fN
    
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