Brief: Sif Reaches Agreement On Refinancing

Sif Holding NV

26/02/2019 06:04

Feb 26 (Reuters) - SIF HOLDING NV  SIFG.AS :
    * SIF REACHES AGREEMENT ON REFINANCING
    * NEW FACILITY EXPIRES 22 FEBRUARY 2022, WITH TWO ONE-YEAR
EXTENSION OPTIONS
    * FACILITY CONSISTS OF A REVOLVING CREDIT FACILITY OF EUR
100
MILLION AND A COMMITTED GUARANTEE FACILITY OF EUR 250 MILLION
    * INCREASE IN FACILITIES SERVES TO SUPPORT SIF'S FUTURE
BUSINESS
    * SIF CAN EARN DISCOUNTS OF MAX 0.05% IF CERTAIN
SUSTAINABILITY
KPI'S ARE REACHED
    * NEW CREDIT FACILITY OF EUR 350 MILLION IN TOTAL REPLACES
FACILITY OF EUR 250 MILLION IN TOTAL SET TO EXPIRE MID-2019
    * HAS REACHED AN AGREEMENT WITH RABO BANK, ING, ABN AMRO,
EULER-HERMES AND TOKIO MARINE CONCERNING REFINANCING OF COMPANY

Source text for Eikon:  ID:nGNE16xdlj 
Further company coverage:  SIFG.AS 

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