Econocom : €115 million early repayment of bond debt
May 28, 2021 at 12:11 pm EDT
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REGULATED INFORMATION
28 May 2021
€115 million early repayment of bond debt
The Econocom group announces that it has made today an early repayment of €115 million of its Schuldschein bond loan, related to the 5-year at variable rate maturity.
The €150 million bond was initially issued in November 2016 on the Frankfurt market with maturities in November 2021, for €137 million (including €115 million at variable rate) and in November 2023, for the balance.
Econocom's available cash on hand, which benefits in particular from ongoing measures to reduce working capital requirements, contributed to this early repayment.
Next publication: H1 2021 revenue release, 22 July 2021 after close of trading.
A B O U T E C O N O C O M
F O R F U R T H E R I N F O R M A T I O N
As a digital general contractor, Econocom conceives, finances,
www.econocom.com
and facilitates the digital transformation of large firms and public
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organisations. With 45 years' experience, it is the only market player
Investor and shareholder relations contact:
offering versatile expertise through a combination of project
etienne.jacquet@econocom.com
financing, equipment distribution and digital services. The group is
Agency contact: info@capvalue.fr
present in 18 countries, with over 9,000 employees and €2,559 m
Tel. +33 (0)1 80 81 50 00
in revenue. Econocom is listed on Euronext in Brussels, on the BEL
Mid and Family Business indices.
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Disclaimer
Econocom Group SE published this content on 28 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2021 16:10:05 UTC.
Econocom Group SE specializes in providing digital services to companies. Net sales break down by activity as follows:
- Products and Solutions (45%): supply and integration of IT, mobile, telecom and multimedia products;
- Technology Management and Financing (37.2%): leasing and piloting of computer systems and telecoms;
- Services (17.8%): consulting, engineering, outsourcing, maintenance services, etc.
Net sales are distributed geographically as follows: Benelux (14.4%), France (46.5%), Southern Europe (25.3%), Northern and Eastern Europe and Americas (13.8%).
ECONOCOM GROUP SE 
