Brief: Seche Environnement Implements Financings For A Total Amount Of 420 Million Euros

Seche Environnement SA

09/07/2018 07:10

July 9 (Reuters) - SECHE ENVIRONNEMENT SA  CCHE.PA :
    * IMPLEMENTATION OF FINANCINGS FOR A TOTAL AMOUNT OF EUR
420M
    * HAS REFINANCED ITS FINANCIAL DEBT THROUGH ISSUE OF A EUR
150M
BOND, IN FORM OF A PRIVATE PLACEMENT
    * HAS TAKEN OUT AN AMORTIZABLE BANK LOAN OF EUR 120M
ACCOMPANIED
BY A EUR 150M REVOLVING CREDIT FACILITY ("RCF")
    * PLACED EUR 150M IN FORM OF UNRATED BONDS AND IN FORM OF
LOANS,
MAINLY THROUGH A TRANCHE OF 7-YEAR BONDS WITH AN ANNUAL COUPON
OF 3.25%
    * NEW BANK AGREEMENT INCLUDES A LOAN OF EUR 70M MATURING IN
2023
    * THIS BANK LOAN WILL BE PAID DOWN ANNUALLY.

Source text for Eikon:  ID:nBwbQSvb6a 
Further company coverage:  CCHE.PA 

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