Finance and results

Cementir Holding successfully completed the refinancing of a bridge credit line of EUR 330 million

Roma, 2 maggio 2017 – On 28 April 2017, Cementir Holding successfully completed the refinancing of a bridge credit line of EUR 330 million, which is part of the financing contract stipulated in October 2016. This credit line was made available by a pool of banks to fund the acquisitions of CCB and the business division of Sacci, to refinance existing credit facilities, and to meet the Group’s working capital requirements.

The maturity of the EUR 330 million credit facility, originally foreseen for April 2018, has been extended to October 2021 with bullet reimbursement, the same pool of banks and the relative terms are aligned with those of the term loan facility.