May 25, 2013
| Edition Nº2240 / Year
10
|
Intralot concluded a Forward Start Facility Agreement
Volanta
For 300 million euros
Titulo
Intralot concluded a Forward Start Facility Agreement
Archivo de imagen (URL) |
EpígrafeThe proceeds of this Facility will be used for refinancing Intralot Finance’s UK existing Revolving Credit Facility maturing in December 2012 and thereafter.
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United Kingdom
| 22/06/2012
Sumario
(UK).- Intralot announced that, through its wholly owned subsidiary in the UK, Intralot Finance UK, has concluded a Forward Start Facility Agreement for 300 million euros. The new Facility, which exceeded the initial target of 250 million euros, will mature in December 2014.
Cuerpo
Citibank, London Branch, Emporiki Bank Of Greece (subsidiary of Credit Agricole) and HSBC Bank, acted as Coordinators and Mandated Lead Arrangers.
The proceeds of this Facility will be used for refinancing Intralot Finance’s UK existing Revolving Credit Facility maturing in December 2012 and thereafter, for general corporate purposes, investments and capital expenditure.
Ioannis Pantoleon, Chief Financial Officer of Intralot, stated: “The successful completion of the Facility in such a difficult economic environment was the result of Intralot’s financial soundness and international diversification. The Facility will provide us with the necessary liquidity in order to support our international presence and pursue new business opportunities that arise globally”.
Fuente
Yogonet.com