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Avio: refunded senior debt with banks, finalized agreement with Banca Intesa, Calyon and Mediobanca
Turin, Italy - Greater flexibility obtained and less costs, ensured a credit availability until EUR 300m on Revolving Facility
Avio has positively finalized an agreement last December 30, 2005 with Banca Intesa, Calyon and Mediobanca regarding the refunding of existing bank senior debt paid out at last September 30, 2003 about the acquisition’s transaction of Avio Group by The Carlyle Group (70%) and Finmeccanica (30%). The new credit lines are utilizable in EUR and dollar and consist in a Term Facility for EUR 250m (for f...
fra/pec - 134101
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency