Brief: Sats Says Unit Obtained Loan Facility Of Up To EUR 300 Million And Up To EUR 740 Million
May 9 (Reuters) - SATS Ltd SATS.SI :
* UNIT OBTAINED LOAN FACILITY OF UP TO EUR 300 MILLION AND
LOAN
FACILITY OF UP TO EUR 740 MILLION
* FACILITIES PROVIDED BY TWO DIFFERENT SYNDICATES OF LENDERS
COMPRISING LOCAL AND FOREIGN BANKS
* AMOUNTS BORROWED WILL BE USED TO FUND PROMONTORIA HOLDING
264
B.V. IN ITS REDEMPTION OF FLOATING RATE NOTES, AMONG OTHERS
Source text for Eikon: ID:nSN3Vs1N0
Further company coverage: SATS.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Sats
See all newsBrief: SATS Updates On $3 Billion Guaranteed Multicurrency Debt Issuance Programme
Brief: Air India SATS Signs MoU With Spicexpress, Total Solutions - Statement
Brief: SATS Ltd Posts QTRLY Profit Attributable Of S$75.1 MLN
Brief: SATS Ltd Buys Shares In Nanjing Weizhou Airline Food Corp., Ltd
Brief: SATS Ltd Logs Q3 Revenue SGD 1,645.1 Mln