Connecting to LinkedIn...

Blank

Randstad secures Japanese syndicated credit facility

Randstad secures Japanese syndicated credit facility

Randstad has secured a syndicated credit facility with a group of Japanese banks which amounts to JPY 8 billion (around &euro 80 million). This facility will have similar conditions as the forward start multi currency credit facility of
&euro 1,420 million, which will be used as from May 2013. The maturity of the Japanese credit facility will be 3 years.

This transaction is part of the refinancing of the existing credit facility of &euro 1.8 billion. Following this transaction and the announcement on preference shares C, the committed refinancing now stands at around &euro 1.6 billion. We remain confident to refinance the remaining part as soon as possible.

Tags:

Articles similar to

Articles similar to