Brief: Samsonite International SA Says Refinanced 2020 Incremental Term Loan B Facility

Samsonite SA

21/06/2021 16:14

June 21 (Reuters) - Samsonite International SA  1910.HK :
    * REFINANCED 2020 INCREMENTAL TERM LOAN B FACILITY THAT WAS
BORROWED ON MAY 7, 2020
    * INTEREST RATE PAYABLE REDUCED TO LIBOR PLUS 3.00% PER
ANNUM WITH
A LIBOR FLOOR OF 0.75% ON FACILITY
    * SEES REFINANCING TO REDUCE CASH INTEREST PAYMENTS IN FIRST
FULL
YEAR OF MORE THAN US$20 MILLION PA

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 (Reuters.Briefs@thomsonreuters.com)