Brief: Pepco Group Signs €770 Mln Of Committed Credit Facilities

Pepco

07/11/2025 05:58

Nov 7 (Reuters) - Pepco Group NV PCOP.WA:

HAS SIGNED €770 MILLION OF COMMITTED CREDIT FACILITIES WITH SYNDICATE OF 10 RELATIONSHIP BANKS

SYNDICATION WAS OVERSUBSCRIBED, WITH STRONG DEMAND ENABLING GROUP TO UPSIZE FACILITIES FROM ORIGINALLY PROPOSED €750 MILLION

NEW FINANCING COMPRISES TWO TERM LOAN FACILITIES AND REVOLVING CREDIT FACILITY

NEW TERM FACILITIES WILL BE USED TO REFINANCE GROUP’S CURRENT INDEBTEDNESS

REVOLVING CREDIT FACILITY WILL BE AVAILABLE FOR GENERAL CORPORATE PURPOSES AND AS LIQUIDITY RESERVE FOR GROUP

CONFIRMS THAT ITS SUBSIDIARY, PEU (FIN) PLC, HAS SUCCESSFULLY COMPLETED SUBSCRIPTION PROCESS FOR ITS SERIES 1 BONDS ISSUED UNDER ITS PLN 2 BILLION BOND ISSUANCE PROGRAMME

Source text: ID:nEM9KyLWNa

Further company coverage: PCOP.WA

 (Gdansk Newsroom)

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