(AOF) – Fnac Darty announced that it had renegotiated its RCF (revolving loan facility) credit line of 500 million euros maturing in March 2028, with the addition of 2 new extension options, to March 2029 and March 2030, exercisable at the request of Fnac Darty and under approval of the lenders. Financial conditions remain unchanged. At the same time, Fnac Darty exercised the first 12-month extension option of its undrawn Delayed Drawn Term Loan (DDTL) credit line.
As a reminder, this line of 300 million euros allows the group to cover the refinancing of its senior bonds maturing in 2024 issued in 2019.
This option was subscribed to 100% of the bank commitments. This line, in the event of a draw, will therefore mature in December 2026.
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