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Finmeccanica: renegotiated the five-year revolving credit facility

Rome, Italy - With a significant reduction of the margins and positive effects expected on the financial charges

Finmeccanica signed today the renegotiation of the current revolving credit facility. The renegotiation envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions. The size was also reduced to 2 billion euro, compared to the former 2.2 billion, and the duration extended till July 2020, when there aren’t other repayment duties on the capital market. The credit l...

cla/mos - 1169330

AVIONEWS - World Aeronautical Press Agency
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