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BRIEF-GVC Announces 50 Mln Euro Increase In Long-Term Refinancing Facility
December 7, 2017 / 8:05 AM / 12 days ago

BRIEF-GVC Announces 50 Mln Euro Increase In Long-Term Refinancing Facility

Dec 7 (Reuters) - Gvc Holdings Plc:

* ANNOUNCE EUR 50M INCREASE IN TERM LOAN ELEMENT OF ITS SENIOR SECURED TERM AND REVOLVING FACILITY, ORIGINALLY SIGNED IN MARCH 2017​

* ‍FACILITY NOW COMPRISES A EUR 300M TERM LOAN AND A EUR 70M REVOLVING CREDIT FACILITY ​

* ‍ADDITIONAL EUR 50M RAISED WILL BE USED FOR POTENTIAL BOLT-ON ACQUISITIONS AND GENERAL CORPORATE PURPOSES​

* ‍NOMURA INTERNATIONAL PLC AND DEUTSCHE BANK AG - LONDON BRANCH ACTED AS MANDATED LEAD ARRANGERS​ Source text for Eikon: Further company coverage:

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