INTRALOT S.A.
Announcement
Intralot signed today the syndicated revolving credit facility agreement for EUR 500 million with a 5 year duration (the "Facility").
Barclays Capital, the investment banking division of Barclays Bank PLC, BNP Paribas and Citigroup Global Markets Limited acted as arranging banks, Bookrunners and Mandated Lead Arrangers.
The Facility was launched on 7th November 2007 as a EUR 300 million facility and was eventually increased to EUR 500 million given the strong oversubscription.
The 5-year transaction is for general corporate purposes, including the refinancing of existing indebtedness, acquisitions, investments and capital expenditure. Moreover, it is anticipated to improve both the capital structure and overall financial cost of the INTRALOT Group.
Barclays Capital, the investment banking division of Barclays Bank PLC, BNP Paribas and Citigroup Global Markets Limited acted as arranging banks, Bookrunners and Mandated Lead Arrangers.
The Facility was launched on 7th November 2007 as a EUR 300 million facility and was eventually increased to EUR 500 million given the strong oversubscription.
The 5-year transaction is for general corporate purposes, including the refinancing of existing indebtedness, acquisitions, investments and capital expenditure. Moreover, it is anticipated to improve both the capital structure and overall financial cost of the INTRALOT Group.