Fnac Darty: announces the successful renegotiation of its RCF credit line and the extension of its undrawn Delayed-Draw Term Loan (“DDTL”) to December 2026
13 Dicembre 2023 - 6:00PM
Fnac Darty: announces the successful renegotiation of its RCF
credit line and the extension of its undrawn Delayed-Draw Term Loan
(“DDTL”) to December 2026
Ivry-sur-Seine, December 13, 2023 – 6:00 p.m.
CET
Fnac Darty announces the successful
renegotiation of its RCF credit line and the extension of its
undrawn Delayed-Draw Term Loan (“DDTL”) to December
2026
Fnac Darty renegotiated its RCF credit line of
500 million euros maturing in March 2028, with the implementation
of two new extension options, to March 2029 and March 2030, at the
request of Fnac Darty and upon lenders’ approval. Financial
conditions remain unchanged.
In addition, Fnac Darty exercised the first
12-month extension option of its undrawn Delayed-Draw Term Loan
(“DDTL”) credit line. As a reminder, this credit line of 300
million euros allows the Group to cover the refinancing of its
outstanding senior bonds issued in 2019 and maturing in 2024. This
option was subscribed at 100% of bank commitments. In case of
drawing down this line, the maturity will be December 2026.
The success of this renegotiation once again
demonstrates the confidence of its financial partners in Fnac
Darty's strategy and allows the Group to extend its maturity
profile of its undrawn credit lines.
CONTACTS
ANALYSTS / INVESTORSDomitille
Vielle – Head of Investor Relations –
domitille.vielle@fnacdarty.com – +33 (0)6 03 86 05 02Laura Parisot
– Investor Relations – laura.parisot@fnacdarty.com – +33 (0)6 64 74
27 18
PRESSEAudrey Bouchard – Head of
Media Relations and Reputation – audrey.bouchard@fnacdarty.com –
+33 (0)6 17 25 03 77
- CP_renégo RCF et extension DDTL_vENG_final
Grafico Azioni Fnac Darty (EU:FNAC)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Fnac Darty (EU:FNAC)
Storico
Da Apr 2023 a Apr 2024