Royal Wessanen has extended its credit facility by one year

Wessanen has extended its €100 million revolving credit facility by one year, changing the maturity of the facility to July 2017. The pricing grid of the facility has been reduced to 85-195 basis points over Euribor based on the leverage ratio (Net debt to EBITDAE). The maximum leverage ratio remains at 3.0 times.

The facility, which was agreed during 2013, has a second extension option in spring 2015 to extend the maturity by one year.


 

For more information
Carl Hoyer (VP Corporate Communications)
Phone    +31 (0)20 3122 140 / +31 (0)6 12 35 56 58
Email    carl.hoyer@wessanen.com / investor.relations@wessanen.com

 

Click here for PDF



Back to press releases
xs
sm
md
lg