BRIEF-Zumtobel Concludes New Consortium Credit Agreement

Zumtobel AG

16/12/2021 08:10

Dec 16 (Reuters) - ZUMTOBEL GROUP AG  ZUMV.VI :
    * CONCLUDED A NEW CONSORTIUM CREDIT AGREEMENT
    * NEW CONSORTIUM CREDIT AGREEMENT HAS A TERM OF FIVE YEARS,
INCLUDING TWO ONE-YEAR EXTENSION OPTIONS (5+1+1 ARRANGEMENT)
    * NEW CONSORTIUM CREDIT AGREEMENT HAS A MAXIMUM FACILITY
AMOUNT OF
EUR 125 MILLION
    * AGREEMENT ALSO CONTAINS AN INCREASE CLAUSE THAT ALLOWS
CREDIT
LINE TO BE INCREASED TO UP TO EUR 350 MILLION IF REQUIRED

Source text for Eikon:  ID:nPexpQ6nLa 
Further company coverage:  ZUMV.VI 

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