Reuters logo
21 天前
BRIEF-Belmond says amends, restates existing senior secured credit facility
2017年7月6日 / 晚上9点44分 / 21 天前

BRIEF-Belmond says amends, restates existing senior secured credit facility

2 分钟阅读

July 6 (Reuters) - Belmond Ltd:

* Belmond says on July 3, amended and restated its existing senior secured credit facility that had been entered into on March 21, 2014 - SEC filing

* Belmond Ltd - A&R credit agreement increases principal borrowed under credit facility through an increase in the term loan under the credit facility

* Belmond - credit facility under a&r credit agreement consists of 603.4 million seven-year term loan, $100 million 5-year, multi-currency revolving credit facility

* Belmond Ltd - term loan consists of a $400 million U.S. Dollar-Denominated tranche and a €179 million Euro-denominated tranche

* Belmond - co entered into amended and restated credit facility ( 'A&R credit agreement') with its wholly-owned subsidiary belmond Interfin Ltd, others

* Belmond Ltd - interest on the U.S. Dollar-Denominated tranche of the term loan will be calculated at libor plus a 2.75% margin

* Belmond Ltd - interest on the Euro-denominated tranche will be calculated at euribor plus a 3.00% margin

* Belmond Ltd - intends to utilize majority of balance of proceeds for future capital needs related to the company’s 2020 strategic growth plan Source text: (bit.ly/2uvzenw ) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below