Prometeon amends & extends senior financing

7th May 2019 | 0 Comments
 

Prometeon Tyre Group has signed an agreement for the amendment, restatement and extension of its 600 million euro senior financing, underwritten in March 2017, originally with a three-year duration. The new agreement allows the extension of the final maturity to March 2021 (with the possibility to further extend it to March 2022 at Prometeon’s discretion) at conditions in line with the current market. By signing the agreement Prometeon says it has secured the financial resources for the implementation of its 2019-2021 business plan.

The rest of this article is for subscribers only:
Log inSubscribe

Tags: ,

Category: Company News

Buy subscriptions, premium industry reports, and business directory entries in our shop. | Dismiss

[ + ]