Brief: Selectirente Refinances Debt With Loan Of EUR 100M

Selectirente SA

07/02/2022 06:40

Feb 7 (Reuters) - Selectirente SA  SELER.PA :
    * A CORPORATE LOAN OF EUR 100M OVER 5 YEARS, WHICH WILL BE
USED TO
REPAY THE MAJORITY OF ITS CURRENT AMORTIZABLE MORTGAGE DEBT
(MEUR 84) (TRANSLATES TO ENGLISH)
    * SELECTIRENTE SUCCESSFULLY COMPLETES THE REFINANCING OF ITS
DEBT
    * A CORPORATE LOAN OF EUR 100M OVER 5 YEARS, WHICH WILL BE
USED TO
REPAY THE MAJORITY OF ITS CURRENT AMORTIZABLE MORTGAGE DEBT
(MEUR 84)
    * AS WELL AS AN RCF(REVOLVING CREDIT FACILITY) OF EUR 140
MILLION
OVER 3 YEARS, WHICH WILL GIVE IT INCREASED INVESTMENT CAPACITY
    * REFINANCING PROVIDES THE COMPANY WITH A NEW INVESTMENT
CAPACITY
OF OVER €150 MILLION
    * SOCIÉTÉ GÉNÉRALE ACTED AS COORDINATOR, WITH BECM, CRÉDIT
DU
NORD, HSBC AND SOCIÉTÉ GÉNÉRALE ACTING AS CO-ARRANGERS

Source text for Eikon:  urn:newsml:reuters.com:*:nL8N2UI0TZ
Further company coverage:  SELER.PA 

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