The deleveraging supports our overall commitment to an investment grade credit rating and maintaining a robust financial framework, and implements our deleveraging prioritization as announced on January 31, 2020 when publishing our full year 2019 results. The debt prepayment will be made on September 30, 2020 and executed against the EUR terms loans which had an initial maturity of January 2023.

As a result of this payment Signify's term loan debt facilities will consist of EUR 50 million and USD 275 million with a maturity of three years (January 2023) and EUR 340 million and USD 225 million with a maturity of five years (January 2025).

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Signify NV published this content on 21 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2020 09:54:04 UTC